Tatasteel UpdateAfter break out tatasteel gone mad. But here it's come to first resistance area. 625.15 to 647.6 and RSI near to 80. Get ready to profit booking in upcoming weeks.
TTSTE trade ideas
Trend change Prices are increasing in TATA Steel but volumes are decreasing , shows a possible signal of trend change . RSI shows wide divergence which also confirms the trend change . A resistance at 550 .
Sell for a profit target of 540/++ with a stop at 552.
TATA STEELTATA STEEL
CMP 492
The Giant is heading for a very strong resistance zone 506-518 if able to break can do wonders
Support lies at 440
keep watch
(entry exit as per ur R:R)
TataSteel Long Term viewTata Steel Ltd given Falling Wedge Break Out.. Targets Mentioned on chart.. its a long term view approx 2 to 3 year..
Tata Steel - Intraday Trade SetupTATA Steel CMP - 492.20
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 489.50 / Stop Loss 496
Target 1 - 485
Target 2 - 480
Target 3 - 475
Disclaimer: This is my view and for educational purpose only.
TataSTeel Brekaout Setupprice break here with very good volume
Entry : 420 - 435
Stop : 340
Target : 480 , 535 , 600 , 680,750
Tata Steel PreparationTatasteel is ready to go after more than 2 years long downtrend. Key level 428.85 according dow theory. In last week average volume are very high. The upcoming week tatasteel and cnxmetal index can break key level. Keep watching.
tatasteelan bearish intraday trade expecting tomorrow on tatasteel.
candle end the rally after touching bearish trend line
TATA Steel - Which one of the Same Same will be repeatedTATA-STEEL - One CupnHandle formed in 2013-14 will be repeated or the huge fall in 2008-09-10 and recovery and cup n handle and then it fizzled out thru 2011-13....? Let us see....! Keep on radar. For now the Cup n Handle looks strong formation in near term...! Beyond 510 it can test 660 -680 also.!
Disc: Not a SEBI Registered. I post charts for my own study.
TATASTEEL - Intraday/Very short term SwingThis analysis is purely based on price action.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
TATASTEEL - Bearish H&S pattern (intraday/very short term trade)This analysis is purely based on price action & chart patterns
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Dont run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once in trade
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
