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Trade-Technique
Apr 2, 2019 5:48 AM

this stock require huge volume for BREAKUP...! Short

TATA MOTORS LTD.NSE

Description

1st Outline: for the breakup, this stock requires huge volume accompanies of the resistance are and run the price up.

2nd Outline:
  • 200MA is not far.
  • This is the 4rth try will be called for a breakup.
  • trendline resistance is between 195.5-198


To know which outline will follow by this share, the maximum will be to focus on the VOLUME and PRICE within two or three days.

THIS IS THE ADVANCED RESEARCH FOR YOU, I will update when the price comes the point as mentioned in the chart.
PLEASE FEEL FREE to comment.

Comment

A lot of people requested me to create any other real-time social media because of Tview providing late alter. Therefore I am trying to make TELEGRAM Channel name: Trade Setup and URL: t.me/trade_setup

Look at the TATAMOTORS, its CMP 225 and I think it will fire to 238-244
Comments
Vashisht_CFTe
Hey. Most of your research is good but you can work a little on presentation of your charts. Cheers
Trade-Technique
@Vashisht_CFTe, THanks very much for appreciating me. I am unclear about your advice:

1) Should I do more on graphics only?
2) it should be more clear for levels
3) Should I keep my writing short and clean?
Vashisht_CFTe
@Kinnari_Prajapati, Sure, writing and description is pretty informative and apt.. Try using less lines if possible. With too many horizontal and vertical lines at the same time the viewer might miss the important area of your research. The very first look at the chart should tell the viewer where his attention is required the best. In cases where lines are very important and cannot be avoided you can try hiding the indicator values, like in the top left the labels and values can be cleared when not needed. As i already said your research is good, so this will be easy for you.
sandy
dont short till 21 april .
Trade-Technique
@sandy, I have just plotted both sides of analysis. Actually, I did not trade. Well, Thanks for the comment. May I know what is reason or base behind not short till 21april?
atrehan
Great analysis. Thks for educating
Trade-Technique
@atrehan, Thank you. I will try my best to make best analysis.
Trade-Technique
Now This stock made high of 202.65 and crossed the price 200M.A. with huge volume as expected. Tomorrow, We can see gap up opening.
Trade-Technique
Tatamotor jumped 197 with raising the volume. ready to break shorterm resistance!
Equity-Earningz
I think Holding Tata motors is fine.

I am holing it bought at 160. And I am very much upbeat on Tata motors. Not Technical only but Tata motors new passenger's cars portfolio looks promising. It will take few quarters to reflect it in earnings. Tata motor's domestic car business has seen worst in past decades, But Yes, I am hopeful that TIME IS NOW to investing Tata motors.

I Am holding Tata motor's keeping target as 350.

1st Resistance can be AB = CD i.e 235


2nd As per Previous top's and Bottoms. 265

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