TATA STEELtata steel storong support 142 the key level pull and this support work to reversal trend , next traget 169 easy done to seco NSE:TATASTEEL ng traget all time high .Longby ganeshp1181113
TATASTEELTATASTEEL monthly timeframe i just shared my experience it is not an invite or recommendation to trade. if youn any doubt means Please leave comments for any query. best wishes DYSON Longby diysan11
Tatasteel options planningChange of character in long term and correction made and broke the previous support. Yet to go down.Shortby Bharath-akash1
Tata Steel Ltd Stock Review 2024: Financial Insights & TechnicalTATASTEEL Financial Insights: Tata Steel Ltd’s Current Market Position Understanding Tata Steel's financial metrics can help you evaluate the stock’s true value and growth potential. Let’s dive into some key figures: Market Capitalization: ₹2,00,560 Cr Tata Steel remains one of the largest companies in India by market cap, showing its dominance in the steel sector. Current Stock Price: ₹161 As of today, Tata Steel is trading at ₹161, positioning itself in the middle of its 52-week range. 52-Week High / Low: ₹185 / ₹114 The stock has experienced significant volatility over the past year, with a high of ₹185 and a low of ₹114. Price-to-Earnings (P/E) Ratio: 124 A high P/E ratio suggests that Tata Steel is trading at a premium based on its current earnings, which could either point to growth expectations or an overvalued stock. Book Value: ₹73.7 This figure represents Tata Steel's per-share value if it were liquidated today. Dividend Yield: 2.24% Tata Steel offers a solid dividend yield, making it attractive to investors looking for both growth and income. Return on Capital Employed (ROCE): 7.02% ROCE shows how efficiently the company is using its capital to generate profits, and Tata Steel's 7.02% is moderate. Return on Equity (ROE): 6.55% ROE reflects the company’s ability to generate profit from shareholder investments, which in this case is slightly below the industry average. Promoter Holding: 33.2% The promoters of Tata Steel hold a significant 33.2% stake, reflecting their confidence in the company’s long-term potential. Pledged Shares: 0.00% None of the promoter's shares are pledged, which is a sign of financial strength. Technical Analysis: Key Price Levels to Watch in Tata Steel Ltd For those employing technical analysis, Tata Steel presents several key price levels to monitor. While these are not buy/sell recommendations, they can help traders and analysts gauge the stock’s momentum. Price Expectation for Upside: If Tata Steel’s price breaks above the ₹163 range, it could signal a potential upward movement, driven by renewed market interest. Support Level: A crucial support level exists around ₹83, which has historically acted as a base for the stock. Swing Trading Targets: Traders could look at ₹212, ₹234, ₹291, and ₹363+ as potential target levels for swing trading based on market momentum and technical signals. Tata Steel Ltd: Is It a Good Investment for 2024? Tata Steel offers a mix of opportunities for both long-term investors and short-term traders. Its market cap and dividend yield make it attractive for those looking for stable investments, while its high P/E ratio suggests that future growth expectations are already priced in. From a technical perspective, the stock presents potential upward momentum beyond ₹163, making it interesting for swing traders. That said, it’s crucial to remain cautious, as the steel industry is sensitive to global economic cycles and commodity price fluctuations. Conduct thorough research and consult financial experts before making any investment decisions. Conclusion: Tata Steel Ltd – A Stock with Strong Potential but Risks to Consider Tata Steel Ltd continues to hold a prominent place in the Indian stock market, with solid financial fundamentals and promising technical levels for traders. For investors, the company’s consistent dividends and market dominance are strong positives. However, the high valuation and moderate returns might prompt some caution. Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.by Kaviarasu_Chandrasekar9
TATASTEEL:NSE BULLISHFlagBO ATHRBC2Y-7M onDTF/WTF/MTF PositionalTATA STEEL Technical Analysis Chart Pattern : TATA STEEL has recently broken its ATH of 159 forming a 2Y-7M RBC on the DTF/WTF. Currently on a Pullback to form a Handle. The Handle Bullish Flag has also been broken on WTF. ENTRY on BO of WTF High 1st Week Oct24. INDICATORS EMA : The Price is Currently Trading above 9/20EMA, and 20EM crossed above 50EMA recently in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : After the Bounc-back from 50% FIBO Retracement Level since a week, Price is currently trading near the 23.6% FIBO Retracement level of 168 on DTF with Impulse uptrend and ChoCH indicated at 155 on DTF Volumes: There is a uptrend in Volume on the Weekly Charts for2 Weeks after the 12 weeks Pullback. TRADE PLAN ENTRY -157 or Previous WTF High BO High Price SL -141 or Monthly Low Close Price TARGET 01-184 (17%), TGT02-222 (41%) Hold For a Year or TGT 2 Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity recommended, Add in Tranches of 25%-50% as prices moves upwards MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish BOS -Break Out Structure SWING/POSITIONAL TradeLongby billpramod14
long on TATA STEELcan go long on tata steel upto 184 levels ATH its looking great and following trendline RSI is also above 40 which shows bullishnessLongby iashishcomputing2211
TATASTEEL SWING TRADE IDEA 24 SEP 2024TATA STEEL SWING TRADE IDEA BREAKOU TRADE W SUPPPORT TRADE PATTERN TRADE #tatasteel #swingtradeisea #breakout trade02:29by Alzubair152217
tatasteel tatasteel at buying level ,at 159 ,target168 SL 152 for a short swingLongby nazeertraderUpdated 9938
TATA STEEL S/R for 23/9/24Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh5
TATA STEEL BULLISH FLAG buy Traders may consider buying Tata Steel if the stock price breaks out above the upper trendline of the flag, with a stop-loss placed below the lower trendline of the flag.Longby baddonkey9920
Tata steel at buy zone Tata steel is making doji candle on weekly time frame at good support zone Longby nishant26dec20011120
TATA STEELA fundamentally strong stock availbe with very low risk entry. as strong is coming near its last all time high support which we consider very strong support as fresh buying may happening here. BUY 162 SL 148 TARGET - TRAILING it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.Longby DEVA435Updated 21
Time to accumulate this stockthis is in good price range. We have a good support around 140 worth taking the risk.Longby vasanthcse20058
TATA STEEL LTD S/R for 26/8/24Support and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh4
Tata steel reversalTata steel is making inverted HnS pattern. Will the SL of last shoulder, we can expect good trend reversal.Longby ShubhamTurkiya4
Tata steel in buy zoneTata steel is in buy zone in my view.. but 150 to 163 is sideway zone.. below 146 price can be fall upto 138 and max 126.. we can buy this range fot long term Longby TradePadhavan4
Breakout Trading Tata Steel Long Break out Now is the Best time to Buy for Swing Trade and For Positional Trade Longby jarjishuzzama5
AGGRESSIVE TATA STEEL LONGPrice bounced from the level which made a new high & zoomed up from a level after a single touch , which indicates unfilled orders. Longby uspostal224
TATASTEELHi guys, In this chart i Found a Demand Zone in TATASTEEL CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you Longby GirirajKoppalUpdated 9
Tatasteel - Harmonic patternIn 1D timeframe, Price hits the reversal zone . Price near daily demand zone.Longby gowtham_harmonics0
Tata Steel Ltd - Key Levels for BreakoutTata Steel is currently at a critical juncture. Watch for a potential breakout in either direction. Key resistance levels to monitor are at 169.00 and 181.00. A decisive move in either direction could signal the next major trend.by GlobalMarketGuru4
Tata steel LongThis Stock complete down side Extend flat correction internal complete but Wave C 2 or 4 Trend line not break . but i predict this stock move upsideby HARISHRAO994
Tata steel Long Tata steel entering into monthly zone 147 - Tata steel 6 Month Demand Zone 141 Tat Steel Prebaby Can go till 139 just to remove retailers This is the level Bulls will Renter also 141 level is 6 monthly zone - probably Price will give only Touch Point Entry - Generally Price don't spend much Time on Key levels as these are Instt Area - & they Fill their Orders V aggressively- by Removing retailers but these area Retailers show patienceLongby pradyammm1