Tata Motors: Chart set up & trading strategyTata Motors
- trading near 200 day EMA
- 50 day EMA around 429
- trend line resistance around 460
- 470 another resistance zone
- Support at 380
Given the set up, strategy for June expiry
Consider selling 480 Call option and 360 Put option
Lot size: 1425
Net incoming: 10.25 approximately
Profit potential Rs 14606 per lot (10%)
Risk if Tata Motors closes above 490.25 or below 349.75 on 30 June 2022
Take care & safe trading...!!!
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Tata Motors: Chart set up & trading strategyTata Motors
542 / 573 are important level for Tata Motors (closing high in Sept 2016 / & Jan 2017 )
Given the set up one may consider selling 560 Call option currently around 12
Max profit potential Rs 34200/- per lot (yield potential 9% on Margin requirement till 28 Oct expiry)
Loss protection for a rise up to 572. The stock has seen a tremendous rally in last couple of days and the strategy would require cooling off in the stock momentum and / or sideways movement to be profitable.
The strategy covers risk for a rise in stock price up to 572 till expiry
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
Tata Motors: Chart set up & trading strategyTata Motors
Observations
- the stock has taken a toll exactly from the Line of Resistance (red line)
- currently the stock is trading near the green trendline
- 280 levels has acted as support on multiple occasions highlighted by green arrow
- 335-340 levels has acted as resistance on multiple occasions highlighted by red arrow mark
Suggested trading strategy for the given set up
Short strangle Strategy
This consists of selling both Call and put option simultaneously
Sell 29 July expiry 340 Call option around 5.3
&
Sell 29 July expiry 280 Put option around 5
Lot size 2850
Max profit potential Rs 29355/- per lot (approximately 11.5% yield potential till 29 July 2021)
Loss in strategy if Tata Motors closes below 269.70 or above 350.30
Take care & safe trading...!!!!
Tata Motors: What a rally... is it going to stop or continue ???Tata Motors
Closing price 172
The stock has seen a stupendous rally from lows of 60 odd levels
This is our view mentioned earlier
Were we lucky to catch the bottom around 70 odd levels...???
We did book profits around 115 and again re - entered at sub 100 levels...
My firm belief is, in stock market, with analysis and knowledge, you tend to feel lucky more often... :-)
What you want to believe, well I leave that choice to you...
Coming back to analyzing current set up
we observe
- the stock has given a break out
- any dips towards 158-160 levels may be a good entry opportunity
Target potential 198 / 228-236 / 266 odd levels in medium term
Pattern gets invalidated if weekly close is below 135
All the best....!!!
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
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 - What's Next Tata Motors is among the heavy weight stock of Auto Sector. With the downtrend in Auto Sectors due to chip shortage it was also suffering which was visible in the price action. However, since chip shortage news has been priced in and the results season are near so have seen a multi month breakout in tata motors.
Now following questions comes up -
What if I am holding? - Hold patiently, if interest to add more you can wait for a pullback cum retest to near about 360 levels.
What if i missed the breakout of 360 level, should i go for it at this price? - I won't prefer to buy it here because from here risk reward ratio will be too low. Rather as said earlier, would go for it after seeing the price action near 360 levels.
Tata Motors: Wolfe Wave and Butterfly gets activated TATA MOTORS
1. Coming out of its slumber
2. Two prominent patterns getting active around 440-450.
3. Buy on dips candidate with an SL of 409 (Closing basis)
4. TGTs - Bearish Butterfly: 490-500
5. Wolfe Wave TGTs: Above 500 until price reaches the TGT line.
Tata Motors: Chart set up & trading strategyTata Motors
- Major Resistance around 500 zone
- Major Line of Support at 376
- Minor Resistance around 462 odd levels
- Minor Support around 418 odd levels
________________________________________________________________________________________________________________
Given the set up, my trading strategy: Short Strangle for April series
Sell 28 April 2022
510 Call Option
&
380 Put option
Various situations have been taken care of...
Strategy has a 9% ROI potential on margin requirement, giving a decent return potential as well as covers risk for a rise up to 518.65 odd levels on the upside and 371.35 odd levels on the downside.
For more trading ideas like these
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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
Tata Motors: Chart set up & trading strategyTata Motors
455
- On the downside 435 / 415-420 are important support levels
- On the upside 485 / 500-510 zone are important resistance levels
Given the set up, a Short strangle strategy may be considered for January 2022 Series
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
TATA Motors: Has been in the 5th gear... Roadblock ahead at 280Tata Motors
CMP 270
The stock has seen a stupendous rally....
we observe two gaps in the region around 280...once while going up and the 2nd while coming down....
Going forward, 282-288 zone could be a crucial resistance level to watch out for...
Given the set up one may Consider
selling Feb expiry 310 Call option around 10
& buy 330 Call Option around 6
Lot size 5700
As the lot size is quite large, the strategy would reduce the cost drastically and give decent return potential...
Max profit potential Rs 22800/- per strategy lot
In built loss protection for a rise in price up to 314 on 25 Feb 2021
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
Tata Motors: 25% gain captured with help of Technical Analysis😀Tata Motors
Technical Analysis is all about identifying your entry and exit levels before you enter a trade and being comfortable with what comes next...
whether it works or doesn't work.
We had to wait for our entry... but when we got, it has delivered rich dividends
25% captured with a perfect entry... All because we did our homework well... 😊😊
Follow for more such ideas
Happy trading...!!!
TATA MOTORS:- LONG TRADE SETUPTATA Motors held the Fibonacci Ratio Support zone around 124.20-121.45 .
Decreasing volume pattern seen during Pull Back.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading
Tata Motors: Island formationTata Motors
Observations
- Last year on 31-May-2016 the stock opened with a significant gap up & closed at 459 up 38 points from its previous day close of 421
- This year On 8-Aug-2017, the stock opened significantly lower and closed at 380 down 36 points from its previous day close of 416
- the gaps have occurred from similar levels 421 and 416 respectively and of similar magnitudes on a closing basis (38 & 36 points respectively)
- thereby forming an island of trade of more than 1 year
Scenario 1
The stock goes up... sees price rejection and falls down
Scenario 2
Stock gets sold in to and falls deeper
Strategy 1
Buy at current levels for target of 405-415
If the stock sees price rejection around the 416-422 zone then sell for downside target of 344-348 and probably even 322
Strategy 2
The stock goes below 374 and is unable to recover above 384 then sell with minor stop of 384 for target of 344-348
- wait for a bounce back. if we see price rejection again in the zone of 362-380, then sell for deeper targets
Take care & safe trading...!!!