Search in ideas for "tata motors"
Tata Motors primed for a breakout?Tata Motors is at a crucial juncture between two important trendlines, the 50EMA and an immediate support zone.
The stock had seen a big up move after announcing its results and has been in consolidation for the last 3 days.
A breakout could ensue with a target price of 200 and a stop loss at 113.
Tata motors : Breakout and Retracement TradeTata Motors is holding higher levels in daily as well as a one-hour time frame.
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Reason to Buy :
1) Healthy retracement at 0.236 fibo levels.
2) Major breakout in the daily time frame.
3) Holding higher levels and forming pole and flag patterns in a one-hour time frame.
4) Retracing back to the previous halt level (Purple-Box).
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Safest entry-level at 155.25.
I entered at 128.65.
Stoploss must be below the immediate swing and retracement level of fibo i.e 146.00.
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Trade with price action and wait till it crosses higher fibo levels.
Tata Motors (Time to caution)- Push trade in long setup?Tata motors is conserving energy for another up move in (Energy coil) upward channel ormation; at the same time it is at the edge of the valley. sellers are sitting here. A Push trade opportunity? overall price slope is upward, hence as of now Long position is valid. May look out for selling a weak shoulder, if market permits.
For Push trade Target would be Red Median line of Pitchfork.
Trail stop loss of original trade is also at very low level (below 110)
Old ideas are linked, for understanding other trade opportunities this stock had given.
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This is one person’s experience, your experience may differ.
Tata Motors Ltd. - WEEKLY VIEW!Tata Motors Ltd. closed above resistance level.
Technical indicators are bullish.
If price trades above weekly high 124.70 next resistance is 156 and support is mid bollinger band 95 on weekly chart.
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Tata Motors Ltd. - WEEKLY CHART!!Tata Motors Ltd. trading near resistance level whereas Technical indicators are bullish if price closes above resistance level 120 next resistance is 160 and support is mid bollinger band 92 on weekly chart.
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!