Tata Consumer is currently forming a classic cup and handleTata Consumer is currently forming a classic cup and handle pattern, with the key to confirmation lying in a close above the 1250 mark. Traders should watch for a decisive break above this level to validate the pattern and potentially signal a continuation of the bullish trend. A successful close above 1250 could pave the way for further gains, while a failure to break out or a close below this level might suggest a need for caution. Monitoring volume and price momentum around this resistance level can offer additional clarity on the strength of the breakout.
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TATA CHEMICALS - Swing Trade Analysis - 11th April #stocksTATA CHEMICALS (1W TF) Update - 11th April, 2024
- The stock is still in a clear uptrend on a Weekly Time Frame
- It needs to break the 1200 Levels and consolidate before another solid upmove till around 1350 & 1450
- Please ensure to keep your SL and Risk Management in play constantly
~ TradeRyte ~
TATA Chemicals taking support at TL for 3 Years.Tata Chemicals of course is a long term bet company and recently has seen some correction. It is to take in consideration that on weekly TF, this stock has taken many supports on the Trendline mentioned in the chart since Jan 2021.
Seeing the boom in chemical sector currently, the stock hasn't performed as much as it should have. Expecting a good up move in the stock subject to supported by market and relevant indices.
CMP: 963
T1 : 1016
T2 : 1150
T3 : ATH
Stay informed and stay invested.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
Tata Power v wave pendingTata power may have made a short term bottom today at 313. now it can do 2 things:
First it can directly go high from here to 383-85 levels keeping stop loss at 302 below closing..
else it can waste some time here & consolidate in this range for sometime then go higher..
either way good to buy near 315-20 zone keeping 300 below closing as stop loss.
Tata Motors hits over 6-year highTata Motors hits over 6-year high; up 40% thus far in 2023 on solid outlook
On June 2, Tata group signed an outline deal with the government of Gujarat to build a lithium-ion cell factory with an investment of about Rs 13,000 crore
Tata Motors already has a plant operational at Sanand, and has also acquired the adjoining Ford Motors' plant. The process of integration of the two plants has begun and may take up to one year to complete
Tata Power 1st impulse after long consolidationTata Power has consolidated for about 18 months from top of Oct 2021 & we have seen clean 5 Wave rise from bottom now a pullback towards 205-200 would be good zone to long for long term & short term trades
Tata Power is in our investment pick & we have a long term target above 2000.
We are not SEBI Registered Advisors. This Chart is purely for training and educational purposes. We shall not be responsible for your profit or loss. Please confirm with your investment advisor.
TATA METALIKS - Technical analysis Weekly chart Tata Metaliks stock been correcting from last 2 years and is at strong support and looks good for next two years. With risk to reward ratio 1:2, stock looks to hold for next 4 years down the line.
Buy - 750-775
First target - 950-975
Second target - 1260-1320
Stoploss/Average - 460-500
Tata Motor Trend AnalysisTata Motor has shown strength in todays weak market. This was todays go to stock.
Tata Motor has shown recovery from 2 support lines and looks strong. I see two targets coming in short term.
The trading view technical indicator is also showing buy signal on daily, weekly and monthly that is very good.
Today market has taken support from 200 EMA and is a good time to invest for a reversal.
Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions. Tweets neither advice nor endorsement.
#TATA MOTORS #Tata motors (CMP-403)
SETUP:-
1 . Tata motor forming a descending triangle pattern
2 . There are multiple trendline resistance from upside
3 . In weekly TF crossover between 20 EMA and 50 EMA
4 . If it break 370 level then it may fall📉
5 . If stock possible to sustain above 445 level then it may go upside 📈