breaking the level of resistance with a stron green canddle reaching it peek . and now itll com down again to test the level again to see if it strong enough to become a support to lunch a new trend going up
Broke resistence with good volume we can take a intraday trade or we can take a short and long positions as well. this is just for educational purpose don't go in any trade without proper risk management
The stock has crested a good base at the level range of 1040 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 1534 levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your...
last ek month se kisi bhi indices ne good perform nhi kiya hai. kaafi saare shares apne support ko bhi hold nhi kr paa rhe hai. for more info watch the video.
Tata steel is facing a continuous resistance as can be seen on the image . So good for intraday if its breals the level with a good volume and its important for it to take support at 200 EMA. (ADVICE)- Market is sideways nowadays so act accordingly , if market is also going up and showing signs of going up then it may be more accurate trade.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
Hello and welcome to this analysis on TATASTEEL After consolidating near 1050 it gave a sharp bounce back within a corrective structure that went onto test its falling upper trend-line. Now as long as it does not sustain above last THURSDAY high there is a strong probability of resumption of its downtrend in the Z leg of the complex WXYXZ it has initiated from...
Tata Steel CMP 1254 is giving a solid break out after forming a sort of triple bottom near 1063. The immediate targets for Tata Steel will be 1300, 1346, 1376 and 1426 in a long run. Maintain a stop loss at closing below 1060 levels. EPS of the stock is consistently growing. After giving a bumper result the stock is still trading at PE of 4.1. RSI of the stock is...
TATA MOTORS low time frame is trading on down trend Higher time frame have triangle pattern If it breaks down have next support on 4 hr(&day) trend line...
Tata steel breaking important resistance zone and trading above the trendline as well. Good to go long in this stock now with 100 points SL and 300 points target.. R:R :- 1:3+ Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is...
Hello and welcome to this analysis on TATASTEEL From the recent highs after a tremendous rally for around 15 months TATASTEEL reversed and has so far shown all indications of a complex corrective within a falling channel. After completing a WXY in end NOV near lower channel it bounced back to the upper end of the channel but in a corrective structure till mid JAN...
Tata steel at very crucial levels, If it break the triangle resistance then it will fly to it's all time high. But it is not triggered yet and might be triggered in two or three trading sessions. But on the other hand if it fails to break this resistance then it will test its lower support which is great and good for sudden bounce. So keep an eye on this swing...
Dear All, Kindly refer the chart for trading details. Tata steel can give a possible good move. Quarter on quarter results have not been that great compared to last quarter, however compared to last December the results have been good. Sales have grown over the last quarter. We can expect some good buying to happen in this sector. Kindly read chart well. The...
tata steel swing trade. seems in consolidation if break 1200 and sustain above 1200 buy and target will be 1264,1315,,1524
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance. Market is bearish, so take positions carefully.
Tata steel is near a crucial suppor on daily time frame. It is respecting the support and has reversed on previous occasion. It can reverse if it closes above 1070 and tomorrow there is green candle. Wait for it to reverse.
Entry = 1195.85 StopLoss = 1159.25 Target 1 = 1258.05 Target 2 = 1318.45
High Probability Trade Timeframe Used: Weekly Trade Frame: Few Weeks/Months Why Buy ? -> Simple Price Action, Price making HH-HL. -> After reaching ATH, price retraced from 50% Fib levels and has given a nice breakout with Volumes -> Nice CUP breakout on longer TF For Swing: Buy Above: 325 Stop Loss: 280 (Weekly Closing Basis) Targets: 345, 375,...