TATA STEELOVERALL NIFTY METAL SEEMS TO BE IN DOWNTREND AFTER RESISTING THE HIGH , TATA STEEL COULD TEST POC SOON
VIEWS AND SUGGESTION INVITED
TATASTEEL trade ideas
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.
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.
Tata Steel longTata Steel chart is looking bullish , cmp 294 , can see upside targets of 310 , 317 , 324 on a positional basis . The Stock can be bought with SL 278 on closing basis .
TATASTEEL Breakout Likely For 288 293 304 310 316 317 324 SL 2TATASTEEL Breakout Likely For
288 293 304 310 316 317 324
SL 262
327 Major Resistance
Tata Steel Follow us on telegram for live updates t.me/tradeking9_11
Wait For levels Trade in High Volumes and Liquidity.
If it sustain above 284.3 then buy with target of 288.10
If it sustain below 276 then sell with target of 274
TATA STEEL WAIT AND WATCH ZONE TRADING PRESENTLY BETWEEN THE DEMAND AND THE SUPPLY ZONES
SO WAIT AND WATCH
