TTSTE trade ideas
TATASTEEL Key level ! Lower Time Frame316 and 297 possible entries.
however keep an eye out and hop in if it does reach there or buy on the confirmation of break of resistance and 200 day
351 which is yearly VWAP .
chart has the levels!!
remember lots of opportunities out there its all about the entry and exit .
Personally i feel we boom the hell outta this resistance :)
TATA STEELTHE STOCK HAS CROSSED THE RESISTANCE OF 336 WITH GOOD VOLUMES THE STOCK CAN GO TO TEST FUTHER TO TEST VPOC OF AROUND 350 , ALSO THERE IS A PREVIOUS GAP TO BE FILLED IF U CHECK THE DAILY CHART NOW 336 WILL ACT AS STRONG SUPPORT , THUS MONDAY THE TATA STEEL LOOKS STRONG IF IT OPENS GAP UP WE CAN WAIT TO RESTEST THE SUPPORT ZONES OF AROUND 336 LEVELS AND GO LONG FOR TARGET OF 350 ZONES , OVERALL NIFTY METAL IS ALSO AT A CRUCIAL RESISTANCE ZONE , SHOULD TAKE TRADE WITH CONFLUENCE IF OVERAL SENTIMENT OF NIFTY AND NIFTY METAL , AS PER GLOABL INDEXES NIFTY IS EXPECTED TO OPEN GAP UP , WE HAVE A FAIR CHANCE IN THIS TRADE WITH TAGET OF 350 , ONE CAN KEEP A STOPLOSS OF AROUND 332-1136 ZONES THE RISK REWARD RATIO SEEMS TO BE FAVOURABLE HERE , VIEWS OR SUGGESTIONS ARE INVITED ,
THANKS
TATASTEEL Downtrend since 2018 ..reversal?Sitting at 340 would be nice if got rejected and down to 297 zone.
3 hour chart shows a golden cross on the verge of meeting.
Would like it to dip to 297 if it does not than shall hop on above 340.
Looks like Thrill phase of the market cycle has begun :)
possible intra day option since its sitting bang on support and has some momentum to it.
555 should happen by April 2021... just love guessing long term targets with time frames .I'd most probably be out of it way before 555.
TATA STEEL BREAKOUT AND NOW TIME TO BUYTATA STEEL BREAKOUT AND NOW TIME TO BUY
& GET 1:2 RISK REWARD LEVEL AS INTRA-DAY.
AND SHORT TERM TRADING LEVEL. YOU CAN TRADE WITH OPTION (ATM) (ITM) & WITH FUTURE JUNE EXPIRY
AND FOLLOW THE STOP LOSS IF YOU GET 1ST TARGET THEN YOU CAN TRAIL YOUR STOP LOSS.
PLEASE GIVE ME ENERGY FROM YOUR VALUABLE LIKE BUTTON AND SHARE AND COMMENTS.