TATAMOTORS trade ideas
Tata motors wave analysisTATA MOTORS is in double three correction,last one wave x upside and final y wave sell off coming toward 320 to complete the correction.DISCLAIMER;this is my view if price patterns change i will also change my view
Tata Motors shall Bounce back to ~ 440Hidden bullish divergence getting formed in Weekly time frame and stock is nearing support level of 380-390, so bounce back in short term may be on the cards.
TATA Motors Trend AnalysisA potential reverse Head & Shoulder pattern is forming.
Fundamentals are not good but technically if this pattern plays out then it can hit 960 or even 1000 level as its technical target.
Currently price is moving inside a descending channel.
Expecting support to be around 300 level.
In worst case it may fall to 200 level (very unlikely)
Better to enter around 300 level for the following targets:
1) Medium term swing target @ 590 (96.5% ROI with 8.25 R:R)
2) Long term positional target @ 960 (220% ROI with 18.8 R:R)
Stop loss is a must @ 265
For low risk entry you can enter at the break out of descending channel.
Kindly do your own due diligence before taking any action.
Peace!!
TATA Motor This share Trade @ support price of 408 if break out below only this share come down upto 375 and 333 in come weeks
TATAMOTOR symmetrical triangle TATAMOTOR is breaking down from the symmetrical triangle and retested diagonal+EMAs today on 4h TF .
Good R:R setup
Lets hope earnings volatility goes in our favour
Tata motors support and resistanceTata motors next support.
Wait and watch for next support.
Just buy on dip.
Do not over buy.
Tata motor analysis & chartChart is self explanatory. For study purpose. Short/med.term target can be placed joto 676.d.side could be 404/376 ..
TATAMTRDVR FORCAST UPDATE / SELL- on the daily chart : today's strong red candle breaks the level
- personal opinion : this could be the continuation of the downtrend
- best move : SELL
TATAMOTORS ANALYSISCMP:438.85
Ascending Triangle Pattern
Resistance:460
Upside Target:475
Support: 420
Below 420 it is weak
TATA motors BUYING ZONEHere we mention what will be the the future good position to buy TATA MOTOR'S stock.
TATAMTRDVR FORCAST- on the weekly chart : reaching a level and rejecting it going downwards
- on the daily chart : rejecting the level and making a slight pulback that ended with rejection also
- personnal opinion : the price got a 90% chance of going down
- best move : on monday keep a look out for the price breaking the VWAP in a bearish movment , when that happens go in as sellers . if it didnt then do nothing until the price get away from the 2 levels
INTRADAY FOR TATA-MOTORS.....!#THURSDAY>
<#INTRADAY>
NSE:TATAMOTORS
{
Why TATA MOTORS ???
VOLUME during closing hours is high...;
in last one and half hour more than 7 millions shares have been bought;
good news towards the manufacturing of semiconductors and even e-chips;
}
{
BUY: TATA MOTORS
Trigger price-442
TARGET:-452-457
SL:-432
}
} HAPPY TRADING
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TATAMOTORS - INTRADAY set upLong and short levels shown with tgts...one can use the opposite entry as SL for the tgts marked...
These levels are based on my own calculations...
Tata motor next support 405 inrTatamotors next support is showing on 405 inr. You can buy this share at 405 inr.
TATAMOTORS sell for intraday tradingTATAMOTORS sell for intraday trading if stock break the given support zone..................
Tata MotorIn the given chart if Tata motor breaks the rectangle portion and goes beyond then resistance will be at green line above it, further it will rise again to +500 levels
TatamotorTatamotor made perfect rounding bottom on an hourly charts & trading above previous swing high.
Could be bought with mentioned stoploss & targets.
Tata motors next moveTata motors have a structure of shifting market structure and it have a huge liqudity on downside
So tata motors will take a order block near SMS then fall...
symmetrical triangle is getting formed in TATA Motorssymmetrical triangle is getting formed in TATA Motors... Bullish view.
RSI
Channel pattern in Tata motors Tata motor formed parallel channel pattern in 1hr time frame , its expected to take support of the channel and take a U turn..
If it's breakout down side, selling pressure comes in.
