TATA MOTORSTATA MOTORS LOOKS GOOD FOR LONG,
If prices sustain above 342, 15 to 20 points rally possible in a week.
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Tata Motors - LongTata Motors has been on a bearish run since 2017 correcting from 550 levels, nearly 40%. The stock has taken support on the major trend line which it has been following since 2011. The stock had seen bounce back from the same trend line at 326 levels in April and has seen similar bounce at same levels. One can go long with Target of 342/352/360, Keeping Stop Loss at 325.
The stock is also seen forming a double bottom formation which can take the stock to 370 before reversal or break out. Break Out can further take the price around 399/400 levels.
Tata Motors long setupTata motors after making low of 340, turned UP after showing positive divergence with RSI on Daily chart and from Weekly Demand Zone
Now it should play with Fib retracement level
SL 339
T1 = 364
T2 = 380
above 380 it will show real strength to retrace back to
T3 = 390
T4 = 400 and above
good risk reward for positional buy for a year or 2
Tata Motors Make Or Break.Tata motors stocks is trading at long term trend line support going back to 2008. Giving neutral rating on this chart as I am also confused on whether to build Long here or not looking at the market sentiment.
Tata motors can be long here for target of 450.Tata motors has taken support at trendline. can be long with SL of 410. for target of 450
Tata Motors Mid-term & Long-term SetupTata motors trade between parallel channel down and trying to take trend line support. It also having double bottom pattern.
Cmp 425, best accumulation entry level 360-432.
Mid-term & Long-term Levels:
R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
432 454 490 526 548 584 641 677 713 735
S1 S2
360 338
Cheers!
Tata Motors DVR Harmonic PatternTata Motors DVR Harmonic Pattern
Short below 249 with 262 SL
T1 - 241.90
T2 - 235.80
T3 - 229.75
Tata motors near resistanceTata Motors is near resistance 438
if it breaks then it will go to 446
then 458 band
below it can go to 410-412 support area
below it 406-408 area
Tata motors price time squareTata motors has completed price time square and expect it to fall to 385 but that 385 target is for positional trade not for intraday
Can short it with 1% stop loss
Tata Motors - Descending triangle break outTata Motors looks weak now; as per pattern it may fall till 297 levels on coming months.
It will fall till 360 level and can go for range bound between 360-390. If no range bound then there is no saviour till that support level.
Tata Motors Makes a Double Bottom on Daily chart.Tata motors has hit a double bottom on daily chart, In my opinion it makes a good risk-reward buy case here.
Tata Motors will go on top gear if surpass 460Tata Motors will go on straight to 484 if crosses important resistance of 460....may come to 445-450 level also..can accumulate at this level also....SL to be maintained as 438
TATA MOTORS Long, Rising Trend Line SupportTATA MOTORS ( FUTURE, JUNE) has taken support of rising trend line trading above 8 day EMA, Target 480+, SL below 445 closing basis
Tata Motors at a Gap up support Tata Motors One can get long at current levels of 452 after gapup move up with HUGE VOLUMES but a fall to fill a gap is With low volumes, So price action Suggesting it will move up from here.
TGT- 465/472.
SL- 447
RR is completely in favors of Bull.
But keep in mind this is very volatile Stock so trade cautiously with low risk as RR is high so with low risk profit would be good.
TRADE SAFELY IN IT!
Tata Motors - Long SignalTata Motors has a strong support around 442 in both weekly and monthly charts. Any dips can be bought with a weekly closing basis SL of 442, for a target of 510-519. Daily close above 469-470 will confirm the uptrend.
TATA MOTORS @ SUPPORT LEVELTATA MOTORS is at support level. Traders should take advantage if bounce occurs followed by white soldier.
Tata Motors on Hourly ChartsTata Motors at very important support on Hourly Charts.
If it does not bounce and stays below 466 then this can move towards 448
Staying above 477 can start its move towards 500
Tata motors-can it bounce again?Tata motors-4 hour chart. Due to poor results the stock tanked.
But the stock taking on the fib levels from the prev high.
RSI also indicating oversold conditions and divergence as well
Can it bounce back again,
Tomorrows price action to decide
