Search in ideas for "TATA"
Tata Motors gives entry @ Mera wala price - mentioned on 24 NovTata Motors
My Guru always says... 🙏🙏
- "Trade at Mera wala Price"
- or
- when Market comes and tells you "Ab toh mujhe Dekh le"
What he means to say is and what I learnt from him is
- identify your entry and exit levels before hand and trade when you see those levels come
or
- if you notice changes in the underlying conditions which tells you that things have changed for the good or worst, you need to reconsider...
These are basically laggard indicators giving you cues... like the stock price moving above or below Moving Averages, for example
Technical Analysis is not about being right or wrong. It is more about identifying your risk & reward levels and being ready with a Plan.
It requires patience but it can reward you well...
On 24th November, we had outlined a plan of action for Tata Motors
and that is to look for buying opportunities on dips towards 158-160
Tata Motors made a low of 156.70 and is now at 166
Need we say more...
Target for the current setup we are looking at 198 / 228 / 236 in the medium term
Pattern gets invalidated if goes below 135
You can check my love affair with Tata Motors in the links below and be amazed at the power of Technical Analysis...
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If you find the Analysis useful, Comment below and follow for more such ideas and more such learnings...😊
Take care & happy trading...!!!
Tata SteelTrading at the top of the longterm downward trend line from 2011 TATASTEEL form a bearish butterfly at the top of trend line in the last 3 months price action.The stock can be shorted here as Risk reward ratio is very very low.Actually the idea was from Mr.Neteesh Jain who mistakenly quoted it as a long.
Thanks to Mr.Neteesh to Identify a good trade.
TATAPOWER - WatchTATAPOWER - The chart is in Weekly Time Frame.
Based on today's close - 298.6 is close to the top during Apr 2022.
We can see two patterns.
One - Double Top
Two - Raising wedge.
However stock has been on a strong uptrend from the past couple of weeks.
Its above all indicators and Moving averages on Daily, Weekly and Monthly time frames.
Add to watch list - see if we can make something from Dec 300 PE.
TATA POWER IS GOING TO GIVE A BREAKOUT IN NEXT WEEKTata power is making a flag pattern and if it breaks the level of 252.20 the, it will give a big breakout in upcoming days.
This is the best time to enter into this stock wait for the green candle for the next week and buy TATAPOWER .
FYI: THIS IS JUST MY ANALYSIS, do your own research before investing in it.
#TATA POWER SYMMETRIC TRIANGLE #TATAPOWER After being stuck inside a symmetric triangle for 3 months, Tata Power is on the verge of giving a breakout. Breaking down will lead to re-testing support at 92. Whereas, if it breaks upwards, we may see it touch 115-120 level. We last saw Tata Power at that level back in 2014.
Educational purpose only - trade at your own risk.
Good luck.