Tata Steel Likely to test 350.8 again and may breakoutTata Steel Likely to test 350.8 again and may breakout...
TATASTEEL trade ideas
TATA STEEL HAS SOME MEAT AND METAL LEFT FOR FURTHER UPSIDE PENNANT formation going on. CAN WE EXPECT A breakout for higher levels. expecting a rise to 340 levels. BULLISH ON CHARTS with support at 318 levels on lower end.
Tata steel time to take long positionAs per the pervious support and resistance we got three targets(T1.T2,T3), Stop Loss set as per the support has been created past couple of weeks.
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 :)
TATASTEEL Just a little bit longer...follow up on earlier LTF graph .. this should be fun tomorrow looks almost ready to pop.
TATA STEELOVERALL NIFTY METAL SEEMS TO BE IN DOWNTREND AFTER RESISTING THE HIGH , TATA STEEL COULD TEST POC SOON
VIEWS AND SUGGESTION INVITED
Tata Steel bullish above 349 - Trading LevelsNSE:TATASTEEL looks bullish above 349 levels. Currently facing a head on resitance.
Any close above 349 can take it higher levels.
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 STEELBuy above 317.70 for a target of 332, if not able to cross the same, we can short it with the same stop loss for target of 304.
whenever price came to long term support,stock has give outstanding return in 2,3 years. pls read carefully in chart. i have mentioned everything. before investing do your analysis too.
