RISING WEDGEMark our lvls.
And make sure you also do your own analysis.
It's only education purposes.
TATASTEEL trade ideas
tata steel tata steel has monthly breakdown candle which brings trgts of nearly 750-730 there can be a good buy zone so we can buy puts of 760-740 for full trgt at spot or bounce
TATA STEEL Trend AnalysisChart looks highly bearish and is replicating Metals Index.
Expecting support to be around 700 level.
Good to accumulate around 650 - 700 levels for the following targets:
Short term swing target @ 1015 (50% ROI with 4.9 R:R)
Medium term swing target @ 1180 (75% ROI with 7.3 R:R)
Long term positional target @ 1425 (112.5% ROI with 10.7 R:R)
Stop loss around 600 for conservative traders.
Fundamentally sound and currently trading below its book value, while borrowings are concerning though company is reducing it aggressively.
Do your own due diligence before taking any action.
Peace!!
Tatasteel Intraday/Option tomorrowDon't look to buy Tatasteel until it touches the lower daily time frame support.
TATASTEEL Levels... 22.06.2022 (W Candle)TATASTEEL going to end in bearish hormonic pattern, once its completed immediate pump will expect but as per Fibonacci again dump will expect at 1060-1160 zone
TATA STEELHello and welcome to this analysis on TATASTEEL
After a v sharp decline in MAY-JUNE the stock has now formed and reversed from the PRZ of a Bullish Harmonic ABCD
As long as it sustains above 840 it can do a pullback to 925 and 1000
Risk Reward good for longs
Tata SteelAt weekly timeframe, Tata steel formed a kind of double top and broke a neckline also.
When we draw a fibonacci from swing low to high. we found key levels for tata steel.
As we can see, next major support of tata steel is nearby around 700 because there is level of 0.618 fibonacci, 200 ema and also POC level is just next below 0.618. Somewhere tata steel take pullback from these levels.
We can add more quantity in tata steel if it take pullback at lower timeframe for positional near around 700 with a sl of 20rs.
Key levels are clearly mentioned. Follow rules for profitability.
Thanks & Regards
Sumit Thakur
tata steel pakdo .yhaan se niche nahi jayega .bilkul sure bet no loss stock you will get 40percent till oct. or nov.
Tata steel stock analysisThis is Tata Steel weekly time frame chart
Price now look @ their support level...&
also price made bullish harami candle stick pattern exact @ support level..
This stock may show some upside
TATA STEEL 750? IS TATA STEEL IS GETTING READY FOR A CRASH!It's a detailed analysis of tata steel stock which is listed in NSE and BSE. ACCORDING TO MY OWN ANALYSIS it's looking weak and ready for a crash like situation. The stock is looking weak as well as it as broken a swing in a monthly time frame.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets were sideways ahead of RBI policy with some bearish bias being observed market-wide. In fact, apart from Auto and Oil & Gas, all sectors were negative.
TATA STEEL www.tatasteel.com
India's largest steel co.
Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS
Net Sales grown 16.56% annually and Operating profit at 51.09%
Low debt <20%, Commands high brand value
Presence pan India, Europe, South asia and only expanding.
Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc
Fundamentals-
Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply.
India stands to gain.
If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage
Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels.
READY FOR COMMODITY SUPER CYCLE ?
____________________________________
Short term 1950
long term- 5 years, 5x multiple
Macro view -
Tata Steel New Update Tata steek make a triangle pattern
If the stock break the resistance and show buying signal go for it
If the stock break the trend line and show sell signal go for it
(Always do your Analyis )
TATA STEEL (Participate to ride with the 3rd wave)Long term investment idea on Tata Steel. The current scenario clears that Tata Steel has been bottomed out at the level of 257 on today's historical fall of global as well as Indian markets. As per the Wave Analysis this bottom suggests that the wave 2 has been completed & now the stock is ready for the strongest wave formation which is WAVE 3. One should accumulate this stock on the current level for the long term targets of 800/1000/1200 in coming years.
Tata Steel break down (for 30 may)Tata steel make a M pattern and breakdown now taking pull back or retest if the stock break 50EMA on 30 or min time frame we can go for short trade.
(always do ur own analyis
Tata Steel - a bit higher, then 960Tata steel - bulls may want to wait patiently a bit longer
Expecting a rally towards 1110, then decline towards 950
TATASTEEL sell for intraday tradingTATASTEEL sell for intraday trading if stock and METAL sector was also weak then we will short the stock........
Bullish Divergence bouncing backto 1100Knee jerk reaction to news of imposing export duty lead to a 12% fall , but bullish divergence clearly visible but needs to close above 1060 (previous support level) to open up 1100-1140
CUP & HANDLE BREAKOUT IN WEEKLY CHART OF Tata SteelCUP & HANDLE BREAKOUT IN WEEKLY CHART OF Tata Steel
CMP 1165
Buying Range 1100 to 1200
Target 1500+
Timeline 3 to 6 months
Tata Steel - Swing Analysis
A bearish Trend swing forming a parabolic swing
A double bottom reversal
Reaching and Breaking 60% on the Fibonacci Plot
A Retracement to 60%
Continuation pattern to complete the swing
TATA Steel BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
