TATASTEEL trade ideas
BREAKOUT OUT🤫 First things first the Tata steel has finally given a breakout from downward trend, but still we have to wait for one more confirmation candle which is simple and after confirmation the target will be short because it is clearly visible from the chart that there is a resistance at 125 level if it breaks that then the next target will be 140-150.
However stop loss might be the question but don't worry the answer is simple 😉 SL will be slightly below the upward trend line which will be around 105-107.
DISCLAIMER:-It's all analysis not a recommendation.
TATASTEEL BreakoutTATASTEEL CMP = 113.8, Longterm Trend is Bullish, Momentum is also Bullish, also Longterm Volatility at minimum level. So, the stock is Bullish with good momentum also Volatility breakout is expected above 120 level.
TATASTEEL given a good breakout above 3 months High,
Buy @CMP 113.8,
Targets = 120 and 131
Stop Loss = 108.5
TATA STEEL HAS GIVEN A BREAKOUT.TATA STEEL has given a nice breakout from CMP we can make a swing trade.
TATASTEEL - Bullish Momentum BreakoutNSE: TATASTEEL is closing with a bullish momentum breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
TATA STEEL COUNTER TREND TRADE WITH 3:1
Price is retracing into a Daily Demand and its coming rom a 2H Supply, hence shorting,
Price will continue its Uptrend once Price reaches the Daily Demand.
ENJOY THE RIDE ! ! !
TATA STEEL BUY
MONTHLY DOWNTREND Price has formed a Monthly Supply and this is the last upward Move into the Fresh Monthly Supply and then the Down trend continues.
Exit is critical.
ENJOY THE RIDE ! ! !
Cup with candle pattern is being developed by TaTa steelTata Steel 1D
Cup with candle pattern is being developed by TaTa steel
Cup with candle pattern is being developed by TaTa steel one dayTata Steel ¹D
Cup with candle pattern is being developed the Tata Steel.
{TATA STEEL }: {POSITIONAL TRADE WITH EQUILIBRIUM ANALYSIS}
Every and any Trend has a Source and a Destination and the best way to Trade if from the Start Point of the Trend till the end of the Trend, (i.e till Destination Zone), Here we have Price created a Quarterly Source Supply and we have a Annual Demand formed which is the Detination of the Trend. Now Price reacted to the Quarterly Source Supply and has given a Downward COnfirmation in Monthly, So we luckily have a lot of time to succesfully plan this trade and enjoy the Returns with peace of Mind.
ENJOY THE RIDE ! ! !
Tata steel 📈I THINK TATA STEEL GOING UP FORM THIS LAVELES
TATA STEEL STORNG TRANDLINE SUPPORT AND CROSS ALL THE MOVING averages
200 ema 100 ema and 50 ema all the emas cross
#TATA STEEL... 11/05/23#TATA STEEL... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Tata steel. Inverse H&S patternTata steel chart formed inverted H&S pattern on weekly and monthly chart , right shoulder till uncomplited
BO from IH&S, retestingBroken out after forming inverted Head and Shoulder pattern and retesting done with last candle. On successful retest completion it can move upwards, with gap resistance around 117 level.
#ForEducationalPurposeOnly
sell tata steeltata steel short at 109 traget 105 sl 111
buy tata bye adani bye reliance bye bye welcome rcom
Pravin bhartiTata Steel new target will be. 120. Because its takes support from previous trendline and its break the level as well. if its cross 114 then next target will be 120
" TATA STEEL " READY FOR AN UPSIDE BLAST!!!!!!!After creating a manipulated pattern on chart and trapping retailer's institutions are ready to take tata steel to the sky.
INVERSE HEAD & SHOULDERThis chart pattern is bullish chart pattern.Only entry above 110 if this stock open gap down 108.50 then this is bull trap so trade carefully.
Tata Steel to double your moneyTata Steel is showing perfect triangle pattern and at the verge of break out. Buy above 115 to make gains of 80-100 % within a 12-15 month time frame. Disclaimer- this is just for study and learning and all outcomes of investment decisions are solely investors responsibility.
TATA STEEL - TRIANGLE PATTERNTata Steel shows Symmetrical Triangle Pattern in weekly Time frame.Now lets see the price action gives breakout or breakdown.The Stock is already in downtrend and I think if it has to continue then there will be further breakdown of triangle.
Also ,Price is currently taking support on SMA 200 in Daily TF which is vital support. We can say the downtrend continues if price gives breakdown below 100 .
Bearish On Daily Chart Bullish On Weekly ChartOne of the most confusing charts in todays date.
No clear indication where its moving.
Weekly Chart Says Bullish
Daily Chart Says Bearish
Only Position one should consider - Wait and Watch.
