tata steel27/03 educational purpose only
hourly chart of tata steel
buy, cmp 1339.45
sl below 1290
target open
Tatasteel
Hedging opportunity (bullish spread) in TATASTEELIt seems like TATASTEEL is going through accumulation phase, ready for a big move. There is a strong support at 1250 so breakdown of that level will not be easy. if the desired move come then 1500 will be a easy target.
Reasons behind this speculation
bullish flag pattern follow by W-shaped (modified head and shoulder pattern) recovery
Metal prices have shot up in past one month. cool off period will be a boost for the Steel industry
Big volume in bullish candles compared to bearish ones indicating less profit booking/long covering compared to long-build up.
NSE:TATASTEEL
TATA STEEL 1D ANALYSIS Tata Steel 1D chart is looking bullish in this scenario.
After the small rally we can see the accumulation going on the chart right now, and this price action is also known as POLE AND FLAG pattern.
We can expect any good movement after breakout of the flag...
TATASTEEL SELLbreaking the level of resistance with a stron green canddle reaching it peek . and now itll com down again to test the level again to see if it strong enough to become a support to lunch a new trend going up
Tata Steel Important resistence breakoutBroke resistence with good volume we can take a intraday trade or we can take a short and long positions as well.
this is just for educational purpose don't go in any trade without proper risk management
TATASTEEL - Long viewThe stock has crested a good base at the level range of 1040 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 1534 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my and put them to good use, request you to kindly revert with feedback/suggestion/improvement
Price not holding support? what to do? hindi last ek month se kisi bhi indices ne good perform nhi kiya hai. kaafi saare shares apne support ko bhi hold nhi kr paa rhe hai. for more info watch the video.
Tata Steel on 15 min time frame Tata steel is facing a continuous resistance as can be seen on the image . So good for intraday if its breals the level with a good volume and its important for it to take support at 200 EMA.
(ADVICE)- Market is sideways nowadays so act accordingly , if market is also going up and showing signs of going up then it may be more accurate trade.
TATA Steel BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
TATA STEELHello and welcome to this analysis on TATASTEEL
After consolidating near 1050 it gave a sharp bounce back within a corrective structure that went onto test its falling upper trend-line.
Now as long as it does not sustain above last THURSDAY high there is a strong probability of resumption of its downtrend in the Z leg of the complex WXYXZ it has initiated from its high.
This down move could take it to 1075 and if that does not hold then 875-900.
TATA Steel and other metals can thriveTata Steel CMP 1254 is giving a solid break out after forming a sort of triple bottom near 1063. The immediate targets for Tata Steel will be 1300, 1346, 1376 and 1426 in a long run. Maintain a stop loss at closing below 1060 levels. EPS of the stock is consistently growing. After giving a bumper result the stock is still trading at PE of 4.1. RSI of the stock is showing strength and delivery percentage of the stock is also rising.
Tata motors / trading planTATA MOTORS low time frame is trading on down trend
Higher time frame have triangle pattern
If it breaks down have next support on 4 hr(&day) trend line...
TATASTEEL LONGTata steel breaking important resistance zone and trading above the trendline as well.
Good to go long in this stock now with 100 points SL and 300 points target..
R:R :- 1:3+
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
TATA STEELHello and welcome to this analysis on TATASTEEL
From the recent highs after a tremendous rally for around 15 months TATASTEEL reversed and has so far shown all indications of a complex corrective within a falling channel.
After completing a WXY in end NOV near lower channel it bounced back to the upper end of the channel but in a corrective structure till mid JAN and then dropped sharply.
Now going forward if it holds above 1085 it might once again attempt a retest of the upper end of the channel near 1225-1250 to complete an X wave and from that level it could resume the last leg Z of the complex corrective till 900.
Key levels to be watched 1065 if breached now then bounce would be ruled out & 1300 which would negate the Z leg of the complex corrective.
Tatasteel good swing trade,keep an eye.Tata steel at very crucial levels, If it break the triangle resistance then it will fly to it's all time high. But it is not triggered yet and might be triggered in two or three trading sessions. But on the other hand if it fails to break this resistance then it will test its lower support which is great and good for sudden bounce.
So keep an eye on this swing trade. Trade as per your risk and manage proper risk reward ratio. Thanks.
TATASTEEL - Long viewDear All,
Kindly refer the chart for trading details.
Tata steel can give a possible good move.
Quarter on quarter results have not been that great compared to last quarter, however compared to last December the results have been good.
Sales have grown over the last quarter.
We can expect some good buying to happen in this sector.
Kindly read chart well.
The views expressed are for education purpose only
All the best,
Thanks & Regards
Your feedback is highly appreciated
TATA STEEL buy tata steel swing trade. seems in consolidation if break 1200 and sustain above 1200 buy and target will be 1264,1315,,1524
TATA SteelThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
Tata steel near supportTata steel is near a crucial suppor on daily time frame.
It is respecting the support and has reversed on previous occasion.
It can reverse if it closes above 1070 and tomorrow there is green candle.
Wait for it to reverse.
Buy TINPLATEHigh Probability Trade
Timeframe Used:
Weekly
Trade Frame:
Few Weeks/Months
Why Buy ?
-> Simple Price Action, Price making HH-HL.
-> After reaching ATH, price retraced from 50% Fib levels and has given a nice breakout with Volumes
-> Nice CUP breakout on longer TF
For Swing:
Buy Above: 325
Stop Loss: 280
(Weekly Closing Basis)
Targets: 345, 375, 400 ++
Trail your SL above 350
For Midterm:
Buy Above: 325
Stop Loss: 250
Add More around 300 levels, add at every dip till 280
Ride this stock for long !!
TATA Steel bullishTata steel finding support near recent low.
Breaking above 1200 will take it up to 1260
TataSteelIt has just broken the long-term downtrend and is probably entering an uptrend.
It's the right time to take entry into it.
once it breaks 1195 our next target will be 1250.
