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HWHG trade ideas

Tata Steel - Looks Strong on Price StructureMonthly Chart Stock has been in Triangle Structure for around 10 Years! Stock has given breakout of this Triangle Pattern in 2017 Year and given around 250+ points rally. Since Year 2018, it is in downside movement. This movement looks like a Pullback structure rather than a Bearish Trend (enough evidences to not consider as the Bearish Trend can be seen on the chart by relating it a long year triangle breakout. It took the support as usual at the lower S&D area, please refer the chart where it has been marked with light-blue area. Even before touching this S&D area, it has got good volume when its pullback was about to complete. It clearly shows strong participants in the stock. Then as impact of Covid-19, we can see 3 back to back bearish WRC(wide range candles) but see the volume that looks less than previous volumes when price was moving up. Seeing the structure as of now, we comes under impression that stock is clearly in mood of joining its Breakout-rally trend (Uptrend) after completing the Pullback structure. Weekly Chart Study NSE:TATASTEEL Note: - No Buy/Sell recommendation, only study and information purposes only.
NSE:TATASTEEL
by ProfitPattern1
TATASTEEL Daily Bearish BAT .....Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying High + volume show supply – public buying – smart money selling..As INCREASING VOLUME is present ON last DOWN BARS defines Strong sell Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. as High volume shows interest to the upside from “Smart Money” so prices may go higher.SET UP BECOMES VALID ONLY when Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short POTENTIAL SELL
NSE:TATASTEELShort
by PriceActionTradervsa
TATASTEELRANGE OF 405-407 MIGHT ACT AS SUPPORT HERE, IF SUSTAINS THEN 416, 421 AND 427 ON CARDS IN UPSIDE ELSE 400, 393 & 385 ************************************************************************************************************************************************ Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************
NSE:TATASTEEL
by akkshay11
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