TATASTEEL short positionThe price has been traded in the range.
Currently the price has been approaching the upper boundary of the range, which should be acting as a resistance.
The price has been respecting an upsloping support and we believe that the price will hit the resistance which would be our entry for the short p
Tata Steel 2023 Tata steel has been forming an ascending triangle respecting support zones.
The average Relative strength of a 14 day period remains above its 50 Parameter which is an indication of a continuation to the upside, therefore our targets for the stock is Rs.120
Strong support levels are 111.20 and 112.
Tata Steel1!28-11
Daily chart of Tata Steel1!
LTP: 105.30
Candles are trading below 200 EMA and the manual trend doesn't look strong.
The candles respected resistance at 109.25 & 106.85 (manual) and 106.95 (200 EMA)
RSI has a bearish crossover and couldn't succeed in an attempt to breach.
I have bought 105 pe
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of TATA STEEL FUTURES is 144.62 INR — it has risen 2.73% in the past 24 hours. Watch TATA STEEL FUTURES price in more detail on the chart.
The volume of TATA STEEL FUTURES is 418.00 K. Track more important stats on the TATA STEEL FUTURES chart.
The nearest expiration date for TATA STEEL FUTURES is Jul 31, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell TATA STEEL FUTURES before Jul 31, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For TATA STEEL FUTURES this number is 231.00 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for TATA STEEL FUTURES shows that traders are closing their positions, which means a weakening trend.