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udhaya0000
Nov 10, 2023 3:43 AM

Tatasteel next target 

TATA STEEL LTDNSE

Description

Looks like tatasteel taking support on the trend line, more chances to test 180 on the higher side, lets see if this works

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4% achieved so far

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3.2% this week

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1% moved so far this week, more to go!

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15% so far!

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17% moved so far

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good rally is expected in metal sector, lets see

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3.7% this week, more to go!

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4.29% so far this week!

Trade closed manually

closing this, will re-initiate it once 147 break or nifty break the all time high

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10 points fallen from high

Trade active

looks like it will break ATH, lets see

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looks like 150 next if that break 170 we can expect, lets see

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Looks like trying for a breakout, chances to test 245 in 4years seems more i.e 70% from the current price, lets see if this is possible

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Metal sector has done a breakout today, we can see 153 in one week

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India VIX is cooling down, Metal sector is testing support, chances to Metal sector to shoot up from tomorrow, lets see

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lets hope for 153 this month

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good move today, 31 more to first target!

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153 achieved also done a breakout, lets hope for 181 next

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151 seems like good support, chances to test 161 this month, lets see

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done breakout and testing the support chances for bounce back

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MACD and RSI also looks good

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looks like will take support near 132

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looks like a rally might happen in metal sector, lets see

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chances for rally seems less as gift nifty fails to break its resistance

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going good 2.6% this week

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20 more to the first target!

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4.8% this week, lets see how it goes next week

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16 more to the target!

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11 more to the first target!

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if 157 break next 147 is the support, lets see

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taking support at 157 it seems, lets see

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3% so far this week, more to go it seems
Comments
Kapil-Mittal
This is what we mean by Trendline's power.
shubj67
stop loss hit
sourabhansali
How did you use that fib tool here ? fib channel ?
udhaya0000
@sourabhansali, previous swing low and high
mhd_mufazil
can I make a entry on this stock at this time or should I wait please suggest 🙏🏻
udhaya0000
@mhd_mufazil, a correction towards158 and 148 might be possible, I think that will be a better price to enter, if I'm not wrong
shubhamkrishna24
175 to 185 can be the target for short term, might not face resistance from here. not an advice. only for educational purpose.
udhaya0000
@shubhamkrishna24, it has potential to go till 245 and there is a small resistance at 181, it has to taken out, lets see
shubhamkrishna24
245 is too much. 200 to 215 can be the potential target. it's just a guess.
udhaya0000
@shubhamkrishna24, its for long term, after 181 next resistance is around 211
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