What Next In TATASTEEL NSE:TATASTEEL
We are going to see a weekly chart of TATASTEEL and there is nothing much to explain here about trend. If one can look at moving average it’s clearly indicating an uptrend. Only concerned for TATASTEEL was consolidation/Profit Booking we have seen from 10th May 2021 after making lifetime high of 1218.
In last week Tata steel did show good bullish trend and taken out previous Lifetime high of 1218, week has closed near its high without any major wick for weekly candle, also, we have seen descent volume to this weekly candle which means good efforts for breakout.
So, what is next In TATASTEEL? Well as per overall price structure we should see continuation of bullish trend in Tata steel with some pauses in between. As far as next targets are concerned we can prefer to Fib Extensions which are plotted on weekly chart of TATASTEEL.
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RETEST - TATACONSUMER📊 TATACONSUM
📈 TATA CONSUMER is facing resistance around 825 level.
📈 MACD may give Cross-down in few trading days.
📈 RSI is facing hurdle around 72 and started moving downwards.
📈 right now RSI is around 58.
📉 One can Short it.
🟢 Target 🎯🏆 - 745
⚠️ Stoploss ☠️🚫 - 812
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
R-0060 A breakout trade in Tata Steel Go long Tata Steel futures in the Rs 350-352 range with a stop loss at Rs 345 for targets of Rs 360 and Rs 375.
After a prolonged downtrend, Tata Steel has staged a smart recovery in the past few weeks. The series of buy signals in the daily Point & Figure chart is a bullish sign. The breakout above the downsloping trendline in the Point & Figure chart reinforces bullishness. The price is also outperforming the Nifty Metal Index indicating relative strength.
TATA Consumer Products Ltd view for Intraday 25th Nov #TATACONSUTATA Consumer Products Ltd view for Intraday 25th Nov #TATACONSUM
Resistance 950-955. Watching above 957 for upside movement...
Support area 940. Below 948-950 ignoring upside momentum for intraday
Support 940 Watching below 935 for downside movement...
Resistance area 935
Above 948 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
TATA Consumer Product Ltd view for Intraday 7th October #TATACONTATA Consumer Product Ltd view for Intraday 7th October #TATACONSUM
Buying may witness above 1145
Support area 1124-1125. Below ignoring buying momentum for intraday
Selling may witness below 1124
Resistance area 1140-1145
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Tata Consumer Products Ltd intraday level for 6th Aug #TATACONSUTata Consumer Products Ltd intraday level for 6th Aug #TATACONSUM
Buying may witness above 1211
Support area 1200. Below ignoring buying momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
📈 Tata Steel: Bouncing Off Support and Eyeing New Highs! 🚀Hello traders!
Today, let's dive into $NSE:TATASTEEL. Here's the breakdown:
📉 Support Bounce: Tata Steel has recently touched its support at Rs.132 and is now making a move upward.
📈 Targeting ₹140: The current trajectory suggests a push towards the near-term profit target of ₹140.
💹 Derivative Opportunity: For derivative traders, considering the 130 call option could be a strategic move.
✨ Potential Upside: With good support, there's a chance for Tata Steel to soar higher. Keep a close watch for further developments.
🔄 Dynamic Market: Always remember, the market is dynamic, and these are observations. Conduct your analysis before making any trading decisions.
🤔 Your Take: How do you interpret Tata Steel's movement? Share your insights in the comments!
📌 Stay Updated: Let's navigate these markets together. Stay tuned for more posts and updates!
Best regards,
Alpha Trading Station
TATAPOWER super bullMy earlier message about this scrip is void. It was only till the expiry which was today.
This sector has seen too much of negativity in the short run.
Technically, the price has broken the downward pattern.
It has to test the high to contemplate a run downwards.
86 is the short term target and 91 for medium term **if the short term goes well**.
Tata Consumer Products: Breaking Out of Resistance?Tata Consumer Products Ltd. (TATACONSUM) is a leading Indian multinational consumer goods company. The company's products include tea, coffee, salt, spices, pulses, and packaged foods.
On the daily timeframe, TATACONSUM has formed a resistance line around the price of INR 906. This resistance line has been tested multiple times, most recently in September 2023.
On October 13, 2023, TATACONSUM is attempting to break out above the resistance line with accumulated volume. This is a positive sign, as it suggests that there is strong buying pressure at this level.
The MACD indicator applied on the OBV (On-Balance Volume) is also showing a bullish signal. The MACD line has crossed above the signal line, which suggests that the momentum is shifting to the upside.
Factors to consider
While the technical analysis is positive, it is important to note that the overall market conditions are not ideal. The stock market has been volatile in recent months, and there is a risk of a further correction.
It is also important to consider the fundamentals of the company before making any investment decisions. Tata Consumer Products has strong fundamentals, but the stock is already trading at a premium to its peers.
Overall, the technical analysis of Tata Consumer Products is positive. The stock is attempting to break out above a key resistance line with accumulated volume. However, it is important to consider the overall market conditions and the fundamentals of the company before making any investment decisions.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
TATA POWER After a consolidation of 1 month , the stock has formed an triangular structure & has given
a breakout, assuming wave (e) to be complete around 120 area , stock is all set to complete an upthrust move, one should buy the stock on cmp and add on dips upto 120 to 123 zones if you get chance, and maintain the stoploss of 118.20 and look for the target of 128 & 134 levels and more.
Key Levels
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
$NSE:TATAELXSI Learnings - Time correction/opportunity costNSE:TATAELXSI
🔰Analyzing Tata Elxsi: A Case of Valuation & Earnings Stability ⤵️
🔰 PE Ratio Halved: From 100 to 50
✅ The PE ratio dropped from around 100 to 50, signaling a shift in market sentiment or correction from an overvalued state.
🔰 Timewise Correction, Not a Price Drop
✅ The stock has gone through a timewise correction with sideways movement instead of a steep decline.
↳ This often indicates consolidation after a significant rally.
🔰 Earnings Stability
✅ Despite the PE decline, EPS (Earnings Per Share) remains stable or slightly increasing.
↳ A positive indicator that the company’s earnings capacity is intact.
🔰 Market Sentiment vs. Fundamentals
✅ The PE ratio drop without a corresponding decrease in earnings shows a recalibration of growth expectations.
↳ Remember, valuation and market sentiment can diverge from a company’s actual performance.
🔰 Timing is Key
✅ Entering when valuation is high can lead to modest returns, even if the company performs well.
↳ Patience and strategic timing are crucial.
🔰 Long-Term Perspective
✅ Tata Elxsi’s stable earnings during a timewise correction show the benefits of holding strong fundamentals over short-term volatility.
🔰 Strategic Takeaway
✅ Look beyond PE ratios—understand the business, sector dynamics, and macroeconomic factors.
↳ Align your investment strategy with market conditions and company performance.
NSE: TATAMOTORS / NYSE:TTM - Tata Motors - Tesla Love affair ⚡Will electric mobility wave will take Tata motors to next level? Time will tell - Can we do some crystal gazing with Chart patterns ...:)
NSE: TATAMOTORS / NYSE:TTM - Tata Motors - Tesla Love affair ⚡
Tata Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India. It is a part of Tata Group, an Indian conglomerate. Its products include passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles.
Formerly it was known as Tata Engineering and Locomotive Company (TELCO). Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain, and Thailand. It has research and development centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and South Korea, Great Britain, and Spain. Tata Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.
Tata Motors is listed on the BSE (Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019