Formed Symmetrical trianglePositional call Go long above 413-415 for target 440. SL - 400Longby abhi88shek1
TATASTEELRANGE OF 405-407 MIGHT ACT AS SUPPORT HERE, IF SUSTAINS THEN 416, 421 AND 427 ON CARDS IN UPSIDE ELSE 400, 393 & 385 ************************************************************************************************************************************************ Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************by akkshay11Updated 112
Tata steel good short candidateTata steel is clearly trading in falling channel pattern since last 15 months,, currently counter is trading around resistance trend line of falling channel pattern also counter is following perfect time cycle of 245 days every 245 days counter tends to touch resistance line of falling channel pattern and again start it journey towards south,, view gets negated once counter manage to give close above 460 levels Shortby RUDRA0072
TATA Steel near to channel resistance - Sell Call for level 440#TATASteel is in downtrend in long while in uptrend in shot and following the Channel Pattern. Forming the Higher Low and lower low pattern on chart. Level 440 has highest built-up of OI and OI is increasing on CE side. Sell the Call option for Strike Price 440 or above once stock will near to resistance so you will get good premium. (Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)by singajaiUpdated 1
Tata Steel daily line chartTata steel daily line chart. Taking supports at the rising trend lines, stop loss below 411. Red lines are 45% angle lines.Longby gauravagashe10
13) BUY AT -433 , S L -406 , T P - 477Long term survival is a more important thing to consider in trading than short term profitability.Longby muniraj1964Updated 0
50% bar height SignalTake Fib Ret low to high, Buy Target @ 50% of High-low. Profit Target High price by recherla0
TATASTEELNSE:TATASTEEL RANGE OF 405-407 MIGHT ACT AS SUPPORT HERE, IF SUSTAINS THEN 416, 421 AND 427 ON CARDS IN UPSIDE ELSE 400, 393 & 385 ************************************************************************************************************************************************ Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************by akkshay11112
#TATASTEEL #BANKNIFTY #NIFTY #NSE #TRADING #COVID19 #BANK #INDIA#TATASTEEL Tata Steel Ltd. CMP: 418.5 Target: 476 SL: 393Longby Rachit_SethiaUpdated 2
TATA STEEL DOUBLE TOPHello! TATA STEEL making double top at around 350 level if not give close above 350 do short for the target #1 300 and target #2 253 If give close above 350 in close then buy for the target 406. NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your profit or loss! -- Regards Sanam Patelby SanamPatelUpdated 3
TATA STEEL : Sell on Rise TATA STEEL : * Looks like instrument has completed its 7 swing sequence from the low of 244. * Buying is not recommended even if there is chances for the range of 450-470. * Can expect a minimum 3 wave reaction lower at least upto the range of 320-340. * Sustaining below 440 we may see 400(channel) * Breaking above 440 we may see 450-470.Shortby venkatsivam0
TATASTEEL-Expecting a Rejection from 460 Zone... Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE... Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP. My style of trading is different from others and I WONT PLACE A STOP...but ALL MY TRADES ARE UNDER MONEY MANAGEMENT ACCORDING TO MY ACCOUNT SIZE...i wont close the trades even in the BIG NEWS EVENTS OR SCHEDULED NEWS TOO...i am technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned past are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views... Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action. All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijay2
Is It Time to take a break For Steel Sector ???Time to book Profits !!!! We watched a Big Rally In Steel companies for last 20 days. We are looking Some weakness in Steel sector Includes Jswsteel ,Jindalsteel and Tatasteel in the last two sessions. All are at major support If it breaks the support then we can expect a major fall. check my profile for charts of jindalsteel and jswsteel. Look at this nifty metal chart. by Chetan_Kumar_Anjan1
Why Metal sector is bullish even in covid 19 crisis!!! Ya i am bullish on metal sector. Without any doubt!!! Longby modi.udit110
TATASTEEL : 21 AUG 20 : STRONG SUPPORT AND RESISTANCE AREATATASTEEL : 21 AUG 20 : STRONG SUPPORT AND RESISTANCE AREAEducationby HAMSARATHNA222