TTSTE trade ideas
watch Tata steelcurrently at crucial stage,if corrective pattern is visible at this price then stay out of this trade but if it breaks this zone then go long for extended 3rd wave iimpulse upto fibonacci ratio of 2.618
bearish bat pattern has also completed so better stay out of this trade
TATA STEEL HARMONIC PATTERNTATA STEEL approaching near major resistance of 472-480
any weakness near this levels will lead to 445---435 levels
TATA STEEL IS IN A PARALLEL CHANNEL, SHORT TERM LONGTATA STEEL IS TRAVELLING IN A PARALLEL CHANNEL MORE THAN A YEAR, CURRENTLY STOCK IS LOOKING FOR SHORT TERM BULLISH.
IT COULD BE HELP US TO HAVE A POSITIONAL TRADE.
PLEASE REVIEW OUR OLD POST ON TATA STEEL, WE ALMOST REACHED TARGET
COMMENT YOUR VIEWS,
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DISCLAIMER: THE POST IS ONLY FOR EDUCATIONAL PURPOSE.
TATA STEEL WILL TOUCH 418 LEVELS SOONERTATA STEEL WILL TOUCH 418 LEVELS SOONER...
ENTRY LEVEL: 397-402...
STOP-LOSS: 394 ON 1D CLOSING BASIS
TataSteel Positional viewIn daily chart I can see buyer are keep it hold so next level is 440 keep SL as 382
tatasteelDoublebottom
uptrend
now facing major resistance
after breakout or breakdown good move either side
1167. 383 buy zone for intraday with 3 pts sl and 5 pts targetSL compulsory
need to patiently wait for the entry price to trigger.
Tata Steel - BUY - Short TermHI
Tata Steel seems in a upside momentum as of now.
If it goes above 369.20, we can buy it, with SL of 356 and target of 389/400.
MACD is also positive.
RSI is above 50.
Volumes is slowly increasing.
