Looks like tatasteel taking support on the trend line, more chances to test 180 on the higher side, lets see if this works
Keep an eye on TATASTEEL as it nears its 52-week high, potential upside if the market stays positive & crosses 154. Consider implications of 33.19% Promoter Holding & 20.05% Foreign Institutions holding. 📈 #TATASTEEL #Stocks #MarketAnalysis
153 Will be acting as crucial Level for the stock, if getting a daily close above 153 we can shift our trade to upwards. Otherwise trade with a bearish bias towards 21 EMA
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
- The chart is pretty self-explanatory - The price tests a 2 year old resistance trendline - The formation is one beautiful symmetric triangle that can have either outcome - The consolidation has been solid so far. This means The momentum may be really good. - The PE ratio is stagnant with the price - Do check out our take on JSW Steel in the suggested ideas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Stock recently reversed from 1 H Order block & Create Berish Structure
hi traders TATASTEEL may be ready for a price increase. After reaching oversold conditions , it looks like the price found support and may go higher from where it's now. Entry, target, stop loss are shown on the chart. Good luck
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Tata Steel exhibits a bullish trend as market sentiment favors upward movement, with a projected rally aiming for 165, while prudently safeguarding against potential downturns with a stop loss set at 150.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
After testing 150 levels for 2 consecutive days, Tatasteel sees sell side liquidity at these levels. If breaks 154.50 next resistance at 162. If holding a lot, sell 170 CE.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
I think we should book profit in Tata Steel and take reverse position for 4-5% additional gain in next 1 week. Current upswing is at its peak, and profit booking may start any day now.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...