Get started

Search in ideas for "TATA"

Tata Steel: Channel trade potential for September seriesTata Steel - We observe Tata Steel trading in blue channel from 03 May to mid July - currently it is trading in mirror image red channel - RSI is between 40-60 Tata Steel could likely be revolving in the red channel for September month For Cash buying any dips towards 1245-1260 may be considered as good entry level __________________________________________________________________________________________________________ Given the set up, F&O strategy suggested for Tata Steel: Short Strangle It involves selling both Call and Put option simultaneously Sell 30 September expiry 1500 Call option Sell 30 September expiry 1260 Put option Combined Premium receivable approximately 42 Max profit potential in strategy Rs 35700/- per lot (11% yield potential) Loss in strategy, if Tata Steel closes above 1542 or below 1218 on 30 September Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:TATASTEEL
by indiamarketoutlook
TATA STEELTata Steel Double Top Pattern the Amazing Moment. if Tata Steel break out this level and market stand in 1260 upside then we will be got 1300+ level few months Tata Steel is poised for the next phase of growth even as it continues to stay the course on deleveraging. Over the next five years, the average India capital expenditure is estimated at Rs 10,000-12,000 Crore per annum and that excludes potential acquisitions. As against a $1 billion annual debt reduction target, the company is likely to reduce gross debt by over $2 billion in FY22. Koushik Chatterjee, executive director and chief financial officer, Tata Steel, told investors on Tuesday that the company would continue to deleverage and make its balance sheet stronger in order to position for the next phase of growth. “This year, I can certainly say that it will be much more than our announced policy of $1 billion,” he said during the investor meet. The investor presentation mentioned that among FY22 deleveraging priorities, over $2 billion gross debt reduction and Prioritising offshore debt pre-payments. In the June quarter also, the company had made material repayments in the Singapore and European balance-sheets, said Chatterjee.
NSE:TATASTEELLong
by SATYAM5256
TATA MOTORS: RECOVERY ON TRACK Tata Motor is back in the game. Balance sheet is improving, Sales figures are smashing records every month ,Tata Motor have vision to be debt free before 3 yrs. Tata Motors Group is a leading global automobile manufacturer, It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. Both Tata Motors and JLR are working towards their electrification journey. Today, Tata Motors is the leader in the EV segment in India with its automobiles Tigor EV and Nexon EV. Technicals: 1) MACD ABOVE SIGNAL & CENTER. 2) RSI IS MID-RANGE. 3) BULLISH CUP & HANDLE PATTERN. 4) PRICE ABOVE 30 DAY SMA. 5) RSI INDICATING PRICE STRENGTH. Fundamentals: 1) STOCK WITH LOW (PE <=10) 2) STRONG BALANCE SHEET. 3) EXCELLENT CORPORATE GOVERNANCE. 4) MOODY'S INVESTORS SERVICE HAS CHANGED THE OUTLOOK ON TAMO TO STABLE FROM NEGATIVE. 5) LARGEST PLAYER TO RIDE THE EV BOOM. CMP: 332 TARGET: 500 Disclaimer: I'm a beginner and not an expert , my views on TAMO are for educational purposes only, I advise you to consult your financial planner before making any investment.
NSE:TATAMOTORSLong
by Chinmayonniftyy