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TATA POWER DAILY BREAKOUT #TATAPOWER (D)
- VCP Breakout Candidate
- Trading in HH-HL Structure
- Massive Volume Sprut
- Strong Bullish Momentum
- Buy above 248
- Stoploss 236 (dcb)
- Targets 260/273/290+
- TF ≈ 2-3 months
#Investing
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TATA MOTORS has a symmetrical triangle patternTATA MOTORS has a symmetrical triangle pattern in its 4hr Time Frame. chart shared only for educational purpose do your own research before buying or selling. TATA MOTORS has a symmetrical triangle pattern in its 4hr Time Frame. chart shared only for educational purpose do your own research before buying or selling.TATA MOTORS has a symmetrical triangle pattern in its 4hr Time Frame. chart shared only for educational purpose do your own research before buying or selling.TATA MOTORS has a symmetrical triangle pattern in its 4hr Time Frame. chart shared only for educational purpose do your own research before buying or selling.TATA MOTORS has a symmetrical triangle pattern in its 4hr Time Frame. chart shared only for educational purpose do your own research before buying or selling.
Tata Motor DVR : Buy, Target Rs. 265 Tata Motor DVR has tested the lower band bollinger band level and its ready to give a bounce back to test the upper bollinger band level of Rs. 265.
Maintain strict Stop Loss.
Disclaimer : Do your due diligence before investing. For educational purposes only.
Tata Motors Short term longTata Motors
showing false breakdown at important support level, price has closed above the support with bullish divergence in RSI.
If it breaks out of the inclined trend line, then may give short term long target as mentioned in the chart.
Bull Put Spread will be a good bet here.
Buy 1 OTM Put option (leg 1)
Sell 1 ITM Put option (leg 2)
When you do this ensure –
i. All strikes belong to the same underlying
ii. Belong to the same expiry series
iii. Each leg involves the same number of options
Plan your trade and trade your plan.
Happy Trading !!!
Tata Motors : Strong Pull BackTata motors looks good for positional trade. The stock has broken it's Descending Triangle Pattern and gave a breakout. If it crosses the resistance zone that is between 337 to 342, we can expect a good upward movement in this stock.
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Tata Motors - Positional TradeTata motors have broken its Triangle pattern and started moving upwards. It shows decent increase in volume that may take the prices higher to 350 & 380 levels. At 350, it will face some resistance. We can continue the long position , if it breaks 356.
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.