Tatasteel technical review?

[Nidal]

Hi Guys,

What’s your view for tatasteel?

1300 seems good support imo.

[Dhinesh_Muthusamy]

@Nidal Nifty Metal Index very soon Breakout … Check Chart :

[Nidal]

Oh… i purchased 1300CE Tatasteel march expiry since I’m also bullish on steel stocks specially tatasteel

Can you also share your views for Tatasteel

[TIMEFRAME]

TATASTEEL is in an uptrend with increasing volume , i assume it has to close above the weekly high of 1339 a resistance level for TATASTEEL to reach 1441&1500, One thing to keep in mind that Ukraine war effect is positive on Steel demand, but FIIs continued their selling , i assume Nifty action is just a bounce and will resume its downtrend.

[rifadm817]

[TIMEFRAME]

Tata Steel closed at its 2nd Resistance level with high-probability of reaching the levels of 1441&1500