Search in ideas for "TATA"
TATAMOTORSTATAMOTORS:-The stock was following a parallel channel in May, first it gave a below breakdown, trapped the sellers and gave an upside breakout, if the price sustains above 513, we may see upside momentum. Keep an eye on the stock.
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rest details mentioned in the chart.
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Ajay.
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Tata Motors Flag and Pole Pattern Breakout Above 1050Details:
Asset: Tata Motors Limited (TATAMOTORS)
Breakout Level: Above 1050
Potential Target: Significant upside momentum expected
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Tata Motors Limited (TATAMOTORS) is poised to give a breakout from a flag and pole pattern if it sustains above the 1050 level. This breakout could indicate a shift to bullish sentiment and potential for significant upward movement.
Market Analysis:
Technical Breakout: A breakout above 1050 from the flag and pole pattern suggests strong bullish momentum, likely to attract increased buying interest and drive the price higher.
Market Sentiment: Positive market sentiment or company-specific catalysts may be supporting the anticipated breakout in TATAMOTORS.
Potential Target:
The potential upside target is not specified but is expected to be significant given the flag and pole pattern breakout.
Risk Management:
Implementing a stop loss strategy below the breakout level is essential to manage risk in case of unexpected price reversals.
Timeframe:
The projected move for TATAMOTORS is based on a short to medium-term outlook, but actual timing may vary based on market dynamics.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.
As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
Tata Motors Ltd. Sector: Auto - LCVs & HCVsTata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.
CMP: 509
TARGET: 566 and Above.
Reason: Breakout neckline of w pattern now we get good rally in Tata motors. for long-term its good stock to target 600 , Many Eco project work in process.
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Tata motors near a break out level.Tata motors on the daily time frame has closed near a resistance zone and can give a good movement above the resistance zone.
20 and 200 ema are close enough and there can be a bullish moving averages cross over.
A intraday and swing trades can be initiated in the bullish side once the stock starts closing above the 440 level.
Target :- 453, 471
Stop loss :- Close below 20 ema on daily chart.
The stock is also good for a long term gains and can give good profits.
Markets have created new ATH and the stock can also follow the trend.
Wait for the stock to start trading above 440 levels and 3% gain can be captured in a positional trade.
Tata motors DVR long term#tatamotorsDVR
Tata motor DVR
Will be great addition to long term portfolio between 220-230 range.
That's a fib level support as well.
SL should be kept at 180 on WCB.
I prefer DVR over TAMO share as have never used voting rights and not planning to use it.
So why not get some extra dividend.😁
Info: big bull Mr. RJ increased his stake recently in this.
This stock will require patience to give money.
#VR