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.
HWHG trade ideas
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.
Tatasteel long termmy prediction .....
Thanks to everyone for follow and appreciate....
Happy Profitable trading ......
Octafx copy trade :BidaskeyTraders
Note:
This isn't financial advice, (not a buy or sell signal). This is only Knowledge sharing based on my knowledge and my risk management . Before following any ideas, do your own research and practice good risk management as of your financial status.
TATA STEEL _ Buying Opportunity?Price shows slow correction to the downside in past few weeks.
Monthly and weekly seems bullish ,so it could provide a long term buying opportunity.
Price is approaching to its demand zone which is 117-114 & 110-108.keep an eye if any shift in structure from bearish to bullish from those zones would take place.
Tata Steel - Elliott Wave CountTata Steel - Elliott Wave Count
Based on Elliott Wave analysis, it appears that Tata Steel has recently completed Wave B and has now started Wave C. The stock is expected to decline further, with the downside target being in the 80 range. This indicates that the stock may be a good candidate for short selling or for investors looking to buy at a lower price point. It's important to keep an eye on the stock's movement in the coming days and weeks to see if it continues on this downward trend.
however, if the market breaks above 136 the view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:TATASTEEL NSE:TATASTEEL1! BSE:TATASTEEL BSE:TATASTEELPP
Tata Steel (Swing):Tata Steel (Swing):
A 50% up move is possible through a swing.
Keep adding in chunks while script ranges around 120-130.
Appropriate resistances are highlighted.
Time to attain the target can be over 4-6 months.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Queries are welcome.
Tata steel getting waek , more fall expected For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
TATA STEEL stock created Bearish marubozu candlestick on chart with good volume
If the trend is confirm tomorrow, price is down like a water fall.
Macd also indicate bearish signal
Short term Moving average break today.
Short trade confirm when price traded 129.50
For good risk reward
Disclaimer This is my personal view for education purpose only.