TATA STEELTATA STEEL is looing strong as all metal sector looks strong and on weekly chart it is making triangle type pattern in which there is resistance of trendline if it cross with high volume then it can go upt o all time high
TATASTEEL trade ideas
TATA STEEL Broken the Trend LineTATA STEEL took support on this trend line 3 times and now it broken with some big red candle in 1-day time frame.
Overall it looks like a bearish trend in weekly time frame and reverse in Fibonacci retracement tool at 61.8% level confirms the correction has finished and now ready to come down the mentioned levels. NSE:TATASTEEL
#TATASTEEL #SAIL #VEDL #JSWSTEEL #JINDALSTEL #nationalum #TCS#TATASTEEL
NSE:TATASTEEL
CMP: 111
TP: 120
SL: 105
TF: <2m
RR > ~2 times
Return > 10%
NSE:TATASTEEL
JSWSTEEL JINDALSTEL NATIONALUM HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT VEDL SAIL NSE:JINDALPOLY
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Tata steel If this stocks breaks todays's low then we will start short and if this stock price sustain above the 105 zone then can show some more gain in up side
TATASTEEL MY TRADING SETUPNSE:TATASTEEL
NSE:TATASTEEL
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
TATA STEELTata steel looking good setup for tomorrow tata steel is took reversal from the crucial
resistance in the daily time frame in 15 min time frame it formed an trend line
previously 2 times touched that trend line this is the third time tomorrow it will break that
trend line either it will take a good reversal
Thank you
Tata Steel Chart pattern Tata Steel Chart pattern
tata steel is making head and shoulders pattern
breakdown possiblity !
TATA steel in good breakout or not?as per my analysis . tata steel in good break out. it retest at 100 again it wlll fly first target of 197 and T2 220
Tata steel Go for longBreakout happened , target see fib extension
if it breaks the vertical resistance line , then target will be around 144
Tatasteel upmove possiblityTat steel might touch 127 in coming days with sl of 109
If it breaks the long trend line then possible good up move till 135-142...
TATA STEEL HAS GIVEN A BREAKOUT.Tata Steel has given a breakout from CMP we can aim for two targets.
TATA STEEL HAS BECOME UP TREND, IT IS GOING TO MOVE HIGHER.NSE:TATASTEEL The first target is 107.85 and the second target will be 114. When the weekly candle closes higher with 114, it will go upto 126.
TATA STEEL In this chart support zone is 104 and resistance is trendline if it cross trendline then can show gains in upside and if it start traded below 104 then it can be bearish
TATA STEELTATA STEEL looks good for long term investment @ current level...it has potential to go above 200 in next 2 years...my personal target will be 700 for TATA STEEL
tata steelsurly 25 nov to 5 dec target will reach surly ,surly 25 nov to 5 dec target will reach surly
TATASTEEL- SHORT TERM VIEWTata steel is forming a 5 wave decline in hourly chart. If wave 1 = 3 means, it may touch ~102. Please share your thoughts
TATA STEELSwing trade for long side.
we can enter after retest of level 130 or 117.
And it can be the swing trade also, with low risk high reward, we can enter with 117 and stop loss will be -5(112)
we can hit the target with trailing stop loss and target would be the around 150.
we can expect good momentum in this stock because it is consolidating from so many day, we can enter after the consolidation breaks with small pull back and entering after next green candle closes above the pullback candle.
This is only for education purpose only.
Tatasteel ready for solid move from hereTata Steel near important SnR zone, a solid downmove rejection at 0.618 and 0.5 level of fib retracement. CNX Metal is at a crucial level. If the whole sector rallies from here, Tata Steel is the one I wouldnt miss. I have a already a decent quantity and will add more if CNX Metals rallies.
tata steelgood volume
breakout
chart pattern
good r:r
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Tata steel - Short setuoTata steel - we have a short setup here
results were weak
SL 106 (closing basis)
Tata steelHey Traders this a daily chart of tata steel and I'm bullish from here if it sustain on this zone CMP is 105 can go upto 115 or more
