Tata steel look's good at Selling Tata steel take resistance at the demand zone
Create double bottom pattern
Trend negative
Tatasteel
TATA STEELTATA STEEL ON 1H time frame Tata steel support zone 102 to 103 and it making a Descending triangle on daily timeframe if it give breakout in any side upper or down can take trade. if it spent some times like 1 week then may get a good trade in this stock.
TATA STEEL FUTURES Breakdown on Daily Time Frame. *TATA STEEL FUTURES*
Time Frame: Daily
Observation:
* Triangle Breakdown on Daily time frame.
* Significant Support Breakdown on Daily time frame.
Support/Target: 92 82.75
Resistance:111
TATA STEEL Tata steel support zone 102 to 103 and it making a Descending triangle on daily timeframe if it give breakout in any side upper or down can take trade. if it spent some times like 1 week then may get a good trade in this stock.
TATA STEEL 1DTata steel is near the resistance zone and could possibly make a move to the downside within few weeks. This could be an opportunity to sell Tata steel
Tatasteel Trade setup for 29-August-2022 - IdeaSince Tatasteel has reversed at the resistance level of 109, we can go long once the stock goes below 107, with a target around 92 levels and a stop loss at 115.
Rist to reward ration of 1:3.
TataSteel getting ready for the next move upPrice is consolidating nicely at prev resistance after the recent up move. We need a confirmation candle to enter the trade, but the setup looks really good with CNXMETAL also ready for breakout
CNXMETAL - RESISTANCE BREAKOUT METAL Sector has given breakout.
Previous Resistance is now Work as Support.
We may see Rally of 5-6% in next trading days.
Keep an eye on volatile Metal stocks
eg. HINDCOPPER , HINDALCO , TATASTEEL , VEDANTA ETC
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
TATA STEEL - SHORT TERM VIEWLONG Above - 110.05, T1 - 116.55, T2 - 121.05, T3 - 125.50, T4 - 133.55, T5 - 142.20, T6 - 146.40....... SL 100.20
SHORT Below - 96.35, T1 - 93.75, T2 - 93.75, T3 - 91.15, T4 - 83, T5 - 74.75, T6 - 70.15, T7 - 65.85...... SL - 110
TATASTEEL - short term tradeBuy TATASTEEL @/above 923
Intraday/Short term Target 961-980
Stop Loss 915-905
Profit approx. 4-6%
Tata Steel intraday view 14th JulyLong above 908, Keep trailing profits on the drawn resistances, SL below 898
Short below 890, Keep trailing profits on the drawn supports. SL 915
You can also do scalping on the drawn lines.
TATA Steel Intraday View 13th July 2022Long above 905, Keep trailing profits on the resistances drawn, SL - 890
Short below 897, Keep trailing profits on the supports drawn. SL 910
You can also do scalping on the drawn lines
TATA Steel Intraday strategyLong Above 910, Keep trailing Profit on the given lines above 910, - SL 895
Short Below 900, Keep trailing profit on the given lines below 900, - SL 915
This is Intraday view only
Wait for the market to settle on opening, Dont jump into the trade without understanding the trend.
tata steel tata steel has monthly breakdown candle which brings trgts of nearly 750-730 there can be a good buy zone so we can buy puts of 760-740 for full trgt at spot or bounce
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!!
TATASTEEL Levels... 22.06.2022 (W Candle)TATASTEEL going to end in bearish hormonic pattern, once its completed immediate pump will expect but as per Fibonacci again dump will expect at 1060-1160 zone
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
Nifty Metal on Monthly pivotNifty Metal at monthly support of 5140.Be cautious.Negative news or positive news lead to fast movement either side.
I am not sebi registered,please consult your financial adviser
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 -
Tata Steel New Update Tata steek make a triangle pattern
If the stock break the resistance and show buying signal go for it
If the stock break the trend line and show sell signal go for it
(Always do your Analyis )
Tata Steel break down (for 30 may)Tata steel make a M pattern and breakdown now taking pull back or retest if the stock break 50EMA on 30 or min time frame we can go for short trade.
(always do ur own analyis
#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.
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With 💚 from Rachit Sethia
