TTSTE trade ideas
Tatasteel enter bull zoneTata steel completed consolidation period 6 th July to 17 th July.it has given breakout on 17 th July zone of 349 _351 ELLIOT WAVE :now tatasteel entering 5 wave with the target of 368 373 and 388 PATTREN : There is the flag formation given breakout also
R-0060 A breakout trade in Tata Steel Go long Tata Steel futures in the Rs 350-352 range with a stop loss at Rs 345 for targets of Rs 360 and Rs 375.
After a prolonged downtrend, Tata Steel has staged a smart recovery in the past few weeks. The series of buy signals in the daily Point & Figure chart is a bullish sign. The breakout above the downsloping trendline in the Point & Figure chart reinforces bullishness. The price is also outperforming the Nifty Metal Index indicating relative strength.
Tata SteelTata steel is at the bottom of the channel. Expected to go up but considering the market condition.
it's better to stay cautious and trade.
Buy above 300 Target 330, 340
Sell Below -280 - Target 260/250
[Watchlist] TataSteel ShortThere are 2 levels to short
PRZ 364 - 365
SL 371.5
T 357,350
Safe level to short
PRZ 381-382
SL 400 or 390(CLBS)
T 371,364
Watch reversal confirmation and RSI
BEST SHORT TERM SWING TRADING OPPORTUNITY IN TATASTEELCUP AND HANDLE PATTERN FOUND IN TATASTEEL CHART.AS IN 1D CHART , IF CANDLE BODY CROSSES AS PER CHART, GO FOR LONG ....ROCKON
TATASTEELKeep an eye on trendline and if it does not violate,it can be played for 350, above that for 357
Long Opportunity in Tata SteelTata Steel has given a strong breakout from major resistance.
Now it is coming for support on the resistance area.
After support Tata Steel may bounce with momentum.
NSE:TATASTEEL
TATASTEELPP - Short setupTATASTEELPP
Reason: Supply MIP
Once the prices retraces back to 32 levels, dont miss to add some quantity.
TatasteelObservations for Time Frame : 5 - 7 trading sessions
Last Close : 323.85
Short term trend down
Sell below 322 ans also near 334 on rise
targets 314.2 (Strong bounce back zone)
breakdown below 313 Bears will be in control upto 303/297
Options Stretegy : 300 PE looks lucrative..
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tata steel analysestata steel has been travelling within this channel for the past few days. now you can pick up the trade depending upon the breakout.A 15 min candle has to form abv or below the trend line.so that you can pick up trade in that direction.
PENNANT BREAKOUT ON 30 MINUTES TIME FRAME HIT 338.85 FROM 320 LEVELS
PENNANT BREAKOUT ON 30 MINUTES TIME FRAME
NOW CONSOLIDATING
Daily Chart indicate movement towards 350.80Daily Chart indicate movement towards 350.80.
There after may breakout
Tata Steel Likely to test 350.8 again and may breakoutTata Steel Likely to test 350.8 again and may breakout...
