Tata Steel - Swing Analysis
A bearish Trend swing forming a parabolic swing
A double bottom reversal
Reaching and Breaking 60% on the Fibonacci Plot
A Retracement to 60%
Continuation pattern to complete the swing
TTSTE trade ideas
TATA Steel BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
TATA Steel Elliot Wave AnalysisTata Steel seems to be making a double three correction pattern. Wave X& Y completed. Wave Z forecasted to drop till 1080
TATASTEEL sell for intraday tradingTATASTEEL sell for intraday trading if stock and METAL sector also weak then we will enter in stock..........
we have here is a sign to buy in the long termwe have here is a sign to buy in the long term
Please respect the stop loss and take profit
TATA STEEL Buy Entry @ 1338
Target @ 1600
Stop Loss @ 1250
Risk Reward 1:3
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
TATASTEELHello and welcome to this analysis on Tata Steel
After a long correction which lasted more than 7 months, in FEB the stock gave a vertical recovery rally. The rally ended with a diagonal indicating signs of short term exhaustion.
Earlier this month we saw the diagonal breakdown and today we are witnessing more selling pressure in it.
It could continue this decline till 1250 as long as it fails to move above 1320.
Medium to long term stock remains bullish. Short term weakness might continue
TATA STEEL - GOES DOWN, YET COMES UP SOON?TATASTEEL is on a decline by ending diagonal. It can retrace too soon as a possibility 1.
However, there is less chance to form triple zig - zag. (i.e possibility 2).
Invest wisely.
-Definitely not SEBI - Registered. So, this is only for educational purpose.
TATA STEEL WAVE ANALYSISTATA STEEL completed double three correction and looks like its getting ready for another downside to complete tripple threeDISCLAIMER:this is my view if price patterns change i will also change my view
ATTENTION AT TATA STEEL!here we can see a nice consolidation in tata steel after a nice triple bottom breakout .it would be a big move
for TATA TRADERS
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...
Tata steel wave analysistata steel completed first upside impusle,big wave 3 started towards 1500.DISCLAIMER;its my view if price patterns change i will also change my view
Monday Intraday StockShort Tata Steel On Monday Or You Can Buy Also A Current Strike Prices PE. But Only Short If It Open Flat Or Little Gap up And After Breaking 1300 It will Come At 1270 Very Fast. Trade At Your Own Risk. It is Just my Analysis And View .
TATASTEELNSE:TATASTEEL
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Tata Steel India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Tisco Demand zeone Tisco Demand zone held for almost 1 year tested 6-7 times and bounce back
watch if comes near 1050
Tata Steel upcoming Strategy #TataSteel has given breakout and also retest follow up buying will lead to good momentum in stock.
Keep an eye 👀
For beginners I have break down the analysis 🧵👇
TataSteel Breakout on weekly and daily charts can go long now.Buy with a target of 1530 by July '22.
Breakout of a long term weekly trend line try to buy near the trend line and good risk to reward ratio.
Exit if it falls below 10% from trendline.
tata steel forms ascending triangle near Resistancetata steel forms ascending triangle near Resistance forms evening star need a conformation to short the stock below 1267
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
TATASTEEL, retrace for increase due to /CL price are high.TATASTEEL, retrace for increase due to /CL price are high.
