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Tatasteel

TATA STEEL Trend AnalysisChart looks highly bearish and is replicating Metals Index. Expecting support to be around 700 level. Good to accumulate around 650 - 700 levels for the following targets: Short term swing target @ 1015 (50% ROI with 4.9 R:R) Medium term swing target @ 1180 (75% ROI with 7.3 R:R) Long term positional target @ 1425 (112.5% ROI with 10.7 R:R) Stop loss around 600 for conservative traders. Fundamentally sound and currently trading below its book value, while borrowings are concerning though company is reducing it aggressively. Do your own due diligence before taking any action. Peace!!
NSE:TATASTEELLong
by Swastik24
Tata SteelAt weekly timeframe, Tata steel formed a kind of double top and broke a neckline also. When we draw a fibonacci from swing low to high. we found key levels for tata steel. As we can see, next major support of tata steel is nearby around 700 because there is level of 0.618 fibonacci, 200 ema and also POC level is just next below 0.618. Somewhere tata steel take pullback from these levels. We can add more quantity in tata steel if it take pullback at lower timeframe for positional near around 700 with a sl of 20rs. Key levels are clearly mentioned. Follow rules for profitability. Thanks & Regards Sumit Thakur
NSE:TATASTEELLong
by sumit_01
TATA STEEL www.tatasteel.com India's largest steel co. Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS Net Sales grown 16.56% annually and Operating profit at 51.09% Low debt <20%, Commands high brand value Presence pan India, Europe, South asia and only expanding. Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc Fundamentals- Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply. India stands to gain. If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels. READY FOR COMMODITY SUPER CYCLE ? ____________________________________ Short term 1950 long term- 5 years, 5x multiple Macro view -
NSE:TATASTEELLong
by EVOQUE5000
#greenply #rushil #greenpanel #archidply #centuryply #wipl #Riil#GREENPLY NSE:GREENPLY NSE:GREENPLY GREENPLY CMP 202 Target 235 SL 174 TF < 6 months Return 24% Entry 189 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:GREENPLYLong
by Rachit_Sethia
STEELCITY #STEELCITY 63 to 90 #Invest #Trading #IT #IRON #STEELNSE:STEELCITY NSE:STEELCITY STEELCITY CMP: 63.80 Target 90 SL: 55 TF < 3 months Return > 44% RR > 3 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:STEELCITYLong
by Rachit_Sethia