TATA CARS LOOKING BEAUTIFUL TO PLAY HOLI !! Education

TATA MOTORS LTD.NSE

Description

⋅ Mar 6, 2019 7:40 PM

Here i have shown a weekly chart of Tata motors with support and resistance

As an investment - i guess Tata motors is a good buy because of following reasons :-

1) Break of lower low - lower high pattern..
2) Break of trend-line..
3) Mac-d on weekly & daily time frame is positive..

Buying can be done in the range of 160-170 with Sl as 150....
Immediate Resistance should be 244...

critics are welcome to criticize on the post !!

Trend Analysis tatamotors

Comments

French_Fries

⋅ Mar 7, 2019 1:19 PM

C’mon you are playing here, I expected an invite.

French_Fries

⋅ Mar 7, 2019 1:19 PM

@French_Fries, *you are playing holi*

MAYA_MUMBAI

⋅ Mar 7, 2019 1:57 PM

@French_Fries,

Play holi @ trading view with multiple colours of mac-d

French_Fries

⋅ Mar 7, 2019 2:01 PM

@MAYA_MUMBAI, amazing have fun.

stocksinboxx

⋅ Mar 7, 2019 11:47 AM

Firstly...... welcome to trading view community .
i totally agree with you...... it is definately a good buy with a stoploss of 129 on daily closing basis :)

kacharts

⋅ Mar 7, 2019 12:42 PM

@stocksinboxx, cmp 189 and u r talking 129 sl - its 32% from here and if u talk abt 32% m sure retrun is atleast 64% which is again 300 plus level

stocksinboxx

⋅ Mar 7, 2019 1:23 PM

@KumarAbhilash, tata motors is currently at resistance level. buying should be done at retacement level @ 150- 157 levels with a stoploss of 129 :)

French_Fries

⋅ Mar 7, 2019 1:44 PM

@stocksinboxx, what was the news about JLR ? Is that the reason for recent pump.

MAYA_MUMBAI

⋅ Mar 7, 2019 1:59 PM

@stocksinboxx,

Thanks for your views

I-Fund-Trader

⋅ Mar 15, 2019 8:44 AM

play it twice and shrink it , You will see how its moving towards the forecast