TATA STEEL LTDAtualizado ALMIGHTY LONG OR SHORT
Hello friends I am sharing the Daily time frame chart of Tata Steel that is looking trading on very well placed horizontal support and stock is trying to make a new rising support trendline after breaking the old one and trading below from that sold support you can say it is standing on crucial spot and waiting for the next move for a directional trade in it by us so I try to prepare two trade ideas sharing below.
🎁🎁This is how we did work like home work after school classes it is easy to identify our tradeable levels in running markets without any hassle or trouble so always study more than trade.
IDEA 1💡- Long if break and close above the rising support trendline because it is acting as resistance now on daily candle basis for the target of 115 stop loss must be a closing below on this trendline.
IDEA 2💡- Short if break and close below the horizontal support trendline for the target of 95 stop loss must be a closing above on this trendline.
SECTOR INDEX ALSO LOOKING WELL PLACED ON SUPPORT 📊📈
📣📣📣📣NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
🎁🎁This is how we did work like home work after school classes it is easy to identify our tradeable levels in running markets without any hassle or trouble so always study more than trade.
IDEA 1💡- Long if break and close above the rising support trendline because it is acting as resistance now on daily candle basis for the target of 115 stop loss must be a closing below on this trendline.
IDEA 2💡- Short if break and close below the horizontal support trendline for the target of 95 stop loss must be a closing above on this trendline.
SECTOR INDEX ALSO LOOKING WELL PLACED ON SUPPORT 📊📈
📣📣📣📣NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
Nota
TREND NOT COMFIRMED SO FARNota
TAKING RESISTANCE AGAIN ON RISISNG TRENDLINENota
PRICE EXACTLY TOOK SUPPORT ON MENTIONED SUPPORT ZONES TOADY 104 FROM 107 NICE PALYING BETWEEN SUPPORT AND RESISTANCENota
TRIED A LOT TO BREAK RESISTANCE BUT MARKET WAS NOT SUPPORTED TODAYNota
SUPPORT BREAK AND CLOSED BELOWNota
KEEP A WATCH FOR COMING WEEK🤝✌️Nota
SELLING PRESSURE MAINTAINED TRADING NEAR SUPPORT AREA
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.