Motors
Target Achived in HeroMotocorpIn September, We shared the Technical analyzed chart of HeroMotocorp and there we gave a target of upside move and you can see there, it has already given a huge return in just matter of 3 months and now it started correcting....
Here, we have shared the updated analysis chart for your better decision making ...
TATA MOTORS -- Daily Trendline BreakoutTATA MOTORS -DAILY CHART SETUP- Trendline breakout .
1. Tata motors on daily chart setup seen trendline breakout on last heikin ashi daily candle AT above 417-418 level
2. 200 HMA seen above 405 level . short term resistance broken above 400, from then stock seen up-trend .
3. currently stock trading above 44, 200 HMA bullish technical indicators.
4. RSI seen moving upword direction and move above 60 , above wma .
5. Golden cross of 44 and 200 HMA seen.
6. BUY can initiate @419 short term Target 430-450 and 6 month target 480-500 stop loss at 395
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at oen risk .!!
**** comments are welcome .
HAPPY TRADING. !!
TATA MOTORS --INTRADAY SETUP -- 03/02/2023TATA MOTORS--- 15 MIN CHART -- INTRADAY SETUP -- 03/02/2023
1. tata motors on 15 min chart seen trendline support at 438 level , at same level triple bottom formation seen , ( arrow sign )
2. RSI seen above wma and above ema
3. intraday Buy can initiate at current level 444-445 for target 450-455-460 stop loss bellow triple bottom support line at 435
4. intraday support at 438-440 intraday resistence 455-460
5. trading above 21,44, 50 HMA 15 min chart .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..
** Trade at own risk !!
HAPPY TRADING .!!
Tata Motors Multi-Time frame analysisToday, we are going to discuss Tata Motors. I am seeing the huge potential for this stock. This could give more than 100% growth initially in the next bull run.
Multi-Time Frame analysis:--
(MONTHLY)
-trading in range
-every time it comes to the channel bottom boundary, buyers come in & every time it touches the channel upper boundary the sellers come in.
-this trend started in 2001 & got stuck in this by this day also.
-trend on the monthly time frame is still UP & currently, we are consolidating somewhere in between this up trend.
(WEEKLY & DAILY)
-now on weekly TF, if we draw a trend line (TL) connecting the lower high (LH) starting from February 2015, we have got our set up!!
-considering the up move started in 2020 we have also seen a good volume on uptrend and in consolidation, we have also seen below-average volume, which indicates a healthy up move in progress.
(ELLIOTT WAVE ANALYSIS)
-it looks like currently we are in wave 4 of an impulse, where wave 4 is still in construction.
-wave 1 has been completed @ approx 155, wave 2 got completed @ 122 level, and wave 3 was closed in extended mode @ 526 level.
-wave 4 is still in construction, and could close somewhere at 38% - 50% levels.
(WHEN TO BUY ?)
We will try to find a buying opportunity whenever this stock gives TL breakout with a good or more than an average volume.
TVS MOTORSAfter the completion of the rounding pattern or bowl pattern from the level of 800 its continuously in the bullish form making higher highs pattern.
Now it's showing the exhaustion so we can see some profit booking here either it can move for buying if it crosses the channel right now it just breakdown the major trendline followed by it from the level of 800 once it crossed below 1080 and 1060(majorly) we can see fall and also on the monthly chart time frame we can observe that it can make the inside candle thus making it in your list is gonna be a jackpot.
On the way we are having the support of 50 MA which can be a good sign for buyers and sellers if it closed below it can fall easily.
TATA Motors - Long Intraday SetupTata Motors has formed a triangle pattern in 15 mins chart.
There is a chance for a breakout if it surpasses 470.
Buy Price - 470
Target 1 - 474
Target 2 - 478
Maintain a stop loss of 466 if the trend turns bearish.
Lookout for Volume break-out too and make sure Nifty is bullish else the setup might fail.
Happy Trading !!!
Tata Motors- Inverse Head & shoulder 1DImportance of Analysis:
1. Bullish market structure
2. Inverse Head and shoulder
3. Trendline breakout Heading For R1: ~360
4. Good Market Sentiment and Recent News
5. Support & Resistance zone: 340 to 360 (Consolidation)
6. Target:
Short term: 375+
Mid-Term: 400+
Long-Term:450+
7. Stop loss: Anywhere between 300-330 (According to your Risk appetite)
8. You can go to smaller time frame for more details
Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk.