TATA Steel. Trend line breakout above 145.5Metal sector is buzzing. Tata Steel is getting ready for a breakout after SAIL
TATASTEEL trade ideas
TATASTEEL--Near Its Resistance??This stock is now at resistance levels....
on bottom side a strong support is created at 136 levels...
if this support fails, next we have trendline support,
if both fails then will look for short side....
now this resistance point is to book profits and keep in long side until price breaks this demand and trendline. On bottom neckline support @129 as well...exit from long when price breaks this level of support.
TATA STEEL S/R for 7/2/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
TATASTEEL - Be caution TATASTEEL - Be caution below 120.
If come to 105 Buy with Stop loss of 94. For Investment
Please comment if you wish to see my analysis for any stocks.
Please do your due diligence before trading or investment.
Thank you.
TATA STEEL S/R for 29/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Bullish Engulfing TATA Steel 15 minBullish Engulfing TATA Steel 15 min
Only for educational purposes
TATASTEEL--Head & Shoulders Pattern??this stock is showing bearish pressure...
now price is reversal from the neckline, which is strong.
don't go for short side...if neckline acts as resistance, then will go for short …until keep in long side only.
@Tata Steel Swing/short TradeRisky Trade
Entry Above @ 134.5
SL Below @ 134
Target @ 136 ,@ 137.5 ,@ 141 ,@ 147
Normal Trade
Entry Above @ 137.70
SL Below @ 136
Target @ 141 ,@ 147
If you want minimize risks After Entry put @SL at last Higher-Low(HL) or follow trend line as SL or Trailing-SL
Plz Note : This levels are only for Swing Trade & Disclaimer : All Information on this page is for educational purposes only , we are not SEBI Registered. Please consult a SEBI Registered financial advisor for your Financial matter before investing & taking any decision. We are not responsible for any profit/loss you made
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Tata Steel14/01/2023
TataSteel on weekly chart
PRZ: 110 to 105
Information is only for study purpose
TATA STEELTATA STEEL is moving in the range for 1000+ days we can see a good move upside if it break.
Company Q results are strong.
Tata Steel Green weekContinuous up trend after retesting the levels. next hurdle is 152. Huge green candles incoming.
No negative impact for instant future.
Tata Steel near It's Break out Zone Good upside Tata Steel shows Very good Upside we can see Very good 15 to 40 % returns in few weeks
Very Bullish move can be seen in 2024. Must have stockIn 2024, it can cross 200 levels easily. Only Tata stock left that is available at such a low price. Buy buy buy. It will be rocket soon.
Tata Steel LongTata steel had a previous swing high at 138.65, price not only managed to break previous swing high but also managed to get the candle closing above it. It looks very strong currently and most probably headed towards 150+
SL- 132 (Daily closing)
TATASTEEL Weekly timeframe analysis for long term
NSE:TATASTEEL has break trendline and breakout 129 level after taking support from dynamic trendline.
Buy Level is 127 to 129. We can see long term move above 138 with SL of 122 if it give pullback buy more near 129 to 125 range.
Major targets levels are highlighted in blue lines.
Flag Structure a stock who will be part of Nifty further moveTata Steel a stock which has not performed till time, will be part of next rally. Clean #Flag #Breakout with wide range candle was given on last Friday.
Topping on Cake is It has given Breakout with WRC and volume expansion.
Further to support my view, its close of the stock on the day of Breakout has closed at the top of candle which shows that the bears are not able to take it down to make it fail Breakout.
After very long time amazing breakout in tatasteel.Let's see how it goes next few days. I expect target of 160 in next week.
Tata steel looks good foar straight uptrendIt's interesting that Tata Steel and NIFTY Metal are showing breakout signals. INVERTED Head and shoulders patterns can indicate trend reversals, so it's worth monitoring the price action for potential confirmation. Keep an eye on key support and resistance levels for a more comprehensive analysis.
TATASTEEL : Booked a profit of 14.49% on the invested capitalMarket is in a key inflection level. So decided to book profits and then have some cash positions around. There is a higher probability for a sell-off to hit the market as per the technicals and I feel that it is advisable to have some cash positions around if that happens.
Will consider a re-entry if price falls back to the low of the channel line.
TATA STEEL- SKY ROCKET POSSIBLE TATA STEEL - As per pattern we can see full bullish in upcoming day to towards 200+++
Time Frame - MONTHLY.
Objective - Simple pattern base.
View - Go long CMP add more near 120 WCB 114 upside possible 150 175 200+++
breakout in TATA STEEL Breakout of a triangle pattern in TATA STEEL . Can go upto 200 in upcoming months
Tata Steel--Buy zone @112I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
This is going to reverse from 115 or 112 zone...look here for buying.
