TTSTE trade ideas
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.
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
TATASTEEL, The wedge is broadeningA steep broarding wedge. I will wait until price gets more near to a know level before posting a position. I am bullish on the stock IF it shows rebound at the $325 level and tries to retest the bearish trend line.
Use risk management as always.
Thank you for reading.