TATASTEEL 1HRBEARISH DEEP CRAB ZONE On Type 1 Entry Earlier this same Pattern given good reaction & Hit TARGETS now price is again in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL & strong RESISTANCE FROM MONTHLY WEEKLY & Daily Timeframes LEVELS everytime price was rejected .VERTICAL DOTTED LINE is Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying WITHIN 3-5 BARS WITH CONFIRMATION FROM BEARISH CANDLE & RSI MUST BE BELOW 70 SELLShortby PriceActionTradervsaUpdated 1
TATA STEEL 60 MINS CHART (Near Break-out)TATA STEEL, 60 MINS CHART ONLY Breakout above 694 can proceed towards 732 Disclaimer I am Not SEBI REGISTERED Analyst My Studies are Educational purpose only Please consult with your financial advisor before trading or investingby RK_Chaarts113
Tata Steel can go up to 467 as per The line on the chart .....Tata Steel can go up to 467 as per The line on the chart ....by praveen38Updated 0
Tata Steel - Halt the rally and Correction time !!!Steel Stocks have Run a lot and now its time to halt the rally. Big Bearish RSI Divergence on daily chart will do it for us. One should look to take profit at these levels. My targets are 585-590. Invalidation is daily close above 730.Shortby Div_TraderUpdated 110
Broken Demand ZoneTata Steel Analysis. Broken Demand Zone, expecting to go 620 and below. Let's see. Shortby MadhanaGopal_PUpdated 0
Tatasteel DownTrend Short Short at 650 Reason :- 1. Shortening of Thrust 2.Break of Demand Line 3Price Below Weekly CPR 4.Swelling of Volume , AKA Capping of Market 5.Wave Structure change to Aggressive Sellers 6.Huge Effort(Aggressive Buyers) But No Result(No follow Through 7.Price below 55EMa and Making LH-LL Shortby VonKrieger3
Tata Steel - may reverseFalling wedge seems to have been completed. Go long for small targets. I have purchased 700 callLongby Arnold7Ratan0
TATA STEEL RUNNING W4. On smaller TF, W4 may have finished and W5 = W1 sets target to 787. However, if W4 is yet to finish, it may take price level to 569. Taget from this level sets target to 714. Aggressively one may enter in long trade now and average at 569 levels or enter after reversal and confirmation of upmove.Longby KJ_nvrlosemoney0
TATASTEELI'm not an expert I'm just sharing my views on TATA STEEL for next trading day I'm not responsible for any profit or loss this is not a recommendation.by DSrikr0
TATASTEEL Breakout TATASTEEL multiyear breakout, strong resistance near 750 level, need to be kept in focus by looking at the price action and the volume levels. levels as high as 910 developed in TATASTEEL. NIFTY METAL performing very good. STEEL companies all over the world performing well. Go long on TATASTEEL with stop loss at 700 level, highly unlikely to be reached. MACD crossover visible on daily chart. Since huge buying was seen today, there might be some consolidation or selling tomorrow so keep that in mind. RSI is in overbought zone so keep that in mind as well. But it seems to hold the overbought zone since the past few days. Both derivatives and equity can be bought, i would recommend buying 750CE or cash equity as per risk apetite. if 750CE or futures are being bought, kindly have a serious look at the price action tomorrow as atleast some retracement of today's maribozu is possible. Kindly let me know if any clarifications are requires, you may message me or comment on this post. Great profit opportunity visible in the steel sector in the near future, global ques also positive. Note Post only for education purposes.Longby SaintLazarusUpdated 1