Tata steel breakout We see breakout in tata steel 1day chart with the support of hammer candle which make it more bullish.
Buy tata steel Above 121
Target 124.70 127 132.85 138.45
Sl 116
TTSTE trade ideas
Preparing for a big upside move The scrip is getting ready for pole and flag pattern breakout. keep in scrip in radar.
TATA STEEL LONG TERM BREAKOUTthe tata steel long term breakout due to expansion of steel industry tata steel will movement upside
Strong Upside Movement in TATA STEELNSE:TATASTEEL
Break out expected on weekly basis.
RSI is moving toward above 60.
- Weekly trendline breakout
- RSI > 60
- Price above 200 SMA
BUY
Tata Steel : Flag Pattern BreckoutTata steel chart on Daily TF we can see the Flag Pattern Breakout, strong support at 115 up side move can be possible at 131,145 levels...
Tata SteelUpdated Chart
111-120
Now close above 120 can give you levels as per FIBO
Stay invested../ Trailing
TATA STEEL Weekly chart of tata steel in which it get rejected from the trendline Resistance now we can short with sl 120
TATASTEELFollow up Chart
TATA STEEL 111-120
8 % returns in a month
Took longer than expected
but still 8% in a month is better than bank returns
TATA STEELTATA STEEL is looing strong as all metal sector looks strong and on weekly chart it is making triangle type pattern in which there is resistance of trendline if it cross with high volume then it can go upt o all time high
TATA STEEL Broken the Trend LineTATA STEEL took support on this trend line 3 times and now it broken with some big red candle in 1-day time frame.
Overall it looks like a bearish trend in weekly time frame and reverse in Fibonacci retracement tool at 61.8% level confirms the correction has finished and now ready to come down the mentioned levels. NSE:TATASTEEL
#TATASTEEL #SAIL #VEDL #JSWSTEEL #JINDALSTEL #nationalum #TCS#TATASTEEL
NSE:TATASTEEL
CMP: 111
TP: 120
SL: 105
TF: <2m
RR > ~2 times
Return > 10%
NSE:TATASTEEL
JSWSTEEL JINDALSTEL NATIONALUM HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT VEDL SAIL NSE:JINDALPOLY
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
Tata steel If this stocks breaks todays's low then we will start short and if this stock price sustain above the 105 zone then can show some more gain in up side
TATASTEEL MY TRADING SETUPNSE:TATASTEEL
NSE:TATASTEEL
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
TATA STEELTata steel looking good setup for tomorrow tata steel is took reversal from the crucial
resistance in the daily time frame in 15 min time frame it formed an trend line
previously 2 times touched that trend line this is the third time tomorrow it will break that
trend line either it will take a good reversal
Thank you
Tata Steel Chart pattern Tata Steel Chart pattern
tata steel is making head and shoulders pattern
breakdown possiblity !
TATA steel in good breakout or not?as per my analysis . tata steel in good break out. it retest at 100 again it wlll fly first target of 197 and T2 220
Tata steel Go for longBreakout happened , target see fib extension
if it breaks the vertical resistance line , then target will be around 144
Tatasteel upmove possiblityTat steel might touch 127 in coming days with sl of 109
If it breaks the long trend line then possible good up move till 135-142...
TATA STEEL HAS GIVEN A BREAKOUT.Tata Steel has given a breakout from CMP we can aim for two targets.
