Search in ideas for "tata motors"
Tata Motors - Daily TrendlineTata Motors -
1. Here you can see, NSE:TATAMOTORS is on resistance on daily trendline.
2. Also, you can see the earlier resistance area which might turn out to be support and help in breaking out of the downward sloping trendline.
3. Otherwise if it doesn't find demand, we may see levels of the previous swing lows.
4. There's a divergence with the OBV osciallator indicator too. indicating weakness.
Tata Motors approaching long term supprotTata Motors after a long up trend journey broke at 550.00 and again struggling to retest the previous level which is best short entry point in this stock, trader may go short at CMP, conservative trader may wait whether up ward breakout occurs or not. if not go short for a target of 487.00 and second target may be around 432.00 in near term.
TATA MOTORSReasons to consider going long on Tata Motors:
1. Technical Support Levels: Tata Motors is positioned at a horizontal support level and a fair value gap on the daily timeframe, indicating potential for a reversal or bounce.
2. Fundamental Strength: Tata Motors is fundamentally strong, likely benefiting from a well- positioned product line, growing market share, and financial resilience.
3. Sector Support: The Nifty Auto index is also at its support level and is taking support at the 200-day moving average, which could signal broader strength for the auto sector and support upward movement for stocks like Tata Motors.
Waiting for confirmation with a CHOCH (Change of Character) on the 1-hour timeframe is a solid approach. Here’s a structured plan based on that:
1. Wait for CHOCH on 1-Hour: The CHOCH would confirm a potential shift in market structure, signaling the beginning of bullish momentum. This adds more reliability to the trade setup.
2. Entry on Retest / FVG / IFVG:
• Retest: After the CHOCH, a retest of the breakout zone could provide an optimal entry, ensuring the breakout holds.
• Fair Value Gap (FVG): If an FVG appears within this structure, entering here could capture the shift in momentum at a lower-risk point.
• Imbalance Fair Value Gap (IFVG): An entry on an IFVG could further refine your risk-to- reward ratio, especially if market liquidity fills these gaps.
TATA MOTORS: Ascending Triangle Bullish BreakoutAscending Triangle Pattern formed in TATA MOTORS.
You can clearly see a Rising Lower trendline which is acting as a support line. Stock is taking its support on the line and has avoided any downside movement.
Upper trendline is flat acting as resistance line.
Positive Points:
1) Ascending triangle pattern which is commonly known for bullish sign.
2) CMP is Near its 52W High of 360
3) RSI is ~60 which shows bullish indication
4) ADX > 25, indicating string trend.
Entry:
After breakout.
Aggressive buyers can take entry after breakout ( Volume is important for breakout)
Defensive buyers can wait for a pull back for confirmations
Target :400
Duration :
short to mid term position
Tata Motors: Got the bounce... What next...???On 5th Sept we discussed 2 possible scenarios for Tata Motors that we are looking at...
1st was Tata Motors holding 374 on the downside and jumping towards 405-416 levels
The stock made a low of 374.05 precisely and has managed to crawl back above 405 levels...
Now if we see Tata Motors share price getting rejected here... then we are starring at the bigger trade potential on the downside with target potential of 348.
This is more of a positional trade and pattern gets invalidated if stock closes above 426
Take care & safe trading...!!!
tata motors supply demand conversion zone The green zone is a supply-demand zone where tata motors took resistance two times and at the third time as it touches the zone gave breakout on higher side. It is the first time when it came back to the zone where the zone will behave as support.
It will move in the upcoming weeks if sustain above zone.
I attached a chart of NSE:AMBUJACEM , its chart also look like tata motors. Ambuja has taken support from zone and moved up by 40%.
So because of similarities, I am expecting this kind of move in tata motors.
You can find more stocks on kind of this setup and do back test as well as forward test.
Give thumbs up if you guys really like my analysis.
Happy trading
TATA MOTORSI expect a bullish move in TATA MOTORS. due to range breakout with consolidation before breakout. take any position after your own learning and analysis. Posting this chart for educational purpose only. I expect a bullish move in TATA MOTORS. due to range breakout with consolidation before breakout. take any position after your own learning and analysis. Posting this chart for educational purpose only. I expect a bullish move in TATA MOTORS. due to range breakout with consolidation before breakout. take any position after your own learning and analysis. Posting this chart for educational purpose only.
TATA MOTORS: RECOVERY ON TRACK Tata Motor is back in the game.
Balance sheet is improving, Sales figures are smashing records every month ,Tata Motor have vision to be debt free before 3 yrs.
Tata Motors Group is a leading global automobile manufacturer, It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. Both Tata Motors and JLR are working towards their electrification journey. Today, Tata Motors is the leader in the EV segment in India with its automobiles Tigor EV and Nexon EV.
Technicals:
1) MACD ABOVE SIGNAL & CENTER.
2) RSI IS MID-RANGE.
3) BULLISH CUP & HANDLE PATTERN.
4) PRICE ABOVE 30 DAY SMA.
5) RSI INDICATING PRICE STRENGTH.
Fundamentals:
1) STOCK WITH LOW (PE <=10)
2) STRONG BALANCE SHEET.
3) EXCELLENT CORPORATE GOVERNANCE.
4) MOODY'S INVESTORS SERVICE HAS CHANGED THE OUTLOOK ON TAMO TO STABLE FROM NEGATIVE.
5) LARGEST PLAYER TO RIDE THE EV BOOM.
CMP: 332
TARGET: 500
Disclaimer:
I'm a beginner and not an expert , my views on TAMO are for educational purposes only, I advise you to consult your financial planner before making any investment.
Tata Motors LongExpecting Tata Motors to give bounce from around 119.15 area, this bounce, for now, can take the price of Tata Motors till 140 level. This is a small swing long trade for Tata Motors.
Levels are levels, they might also break, so, the best idea of trading is to take the Trade on Confirmation.
My Long term view for Tata Motors is working well...
Tata Motors Bearish SetupAfter fantastic bull run in the Tata Motors, it consolidated more than month. And also It was in the distribution phase, broken in the down side. So we may expect the huge fall on Tata Motors. So Its time to be cautious. Now Tata motors in a crucial support area at 460. if it breaks support 460, our first target will be 432 and second target will be around 400. And 400 is also a major support area. when is breaks the support 400, it may fall further upto 358.
Tata Motors Intraday Ideas for December first wek 2024hi! this is Kapil,
Traders know the Secret of intraday trading in Tata Motors.
One candle close above with volume will result into targets
of both sides in Tata motors in 2024 Dec first week.
Disclaimer - Before making any actual investment or trading decisions, it is strongly recommended that you consult a qualified broker or financial advisor.
Tata Motors: Another tata stock exhibiting clear upmoveHello Traders,
Tata Motors has exhibited clear upmove graph. Post Inverse head and Shoulders formation it has given a breakout. Now I am certainly entering the trade with following strategy.
If stock continues non-stop upmove:-
Then I will enter the trade when it crosses above 329 around 330
If the stock consolidates:-
And takes a rejection at 9 EMA or 21 EMA in 75 minute then I will enter the trade at that price somewhere around 318
SL: 299
First target: 350
Second target: 377
TAMO : Tata Motors - Good to avoid buying this stock at this momTATA Motors is downtrend in both long term (Weekly chart) and short term (15 mins chart) as per technical.
Price oscillation expected around 161, but eventually, it will fall to 150
Target 1 : 156.7
Target 1 Date : 30th Jul, 2019
Target 2 : 151.9
Target 2 Date : 8th Aug, 2019
Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.
Keep the stop loss outside trend channel.
Further downside also expected in Tata Motors.
Tata Motors:End of an ImpulseAfter giving fake breakout we have seen price has reversed sharply there by breaking prior swing low in lesser time then prior swing high took to form giving us a double confirmation of trendline breach along with faster retracement.Meaning a significant top has been formed in the stock for atleast next 6 months and It seems like tata motors has ended it's 5 wave impulsive move on the upside on primary degree, when it closed below 485 on 26-11-2021,meaning current correction can take prices to primary wave 4 low's coming at 288-290 levels.Any one entering stock around wave 4 bottom and carrying In the money Long position should protect there profit by keeping a stop-loss as per there risk apetite.Ideally one should exit longs at current levels itself but still for someone with higher risk apetite 435 can be a good level that can act as support and should be kept as stop-loss.
Now going ahead on hourly chart it seems like it is making diametric corrective pattern which can take prices between 406-380 levels.Following this we will have upmove in the form of wave X,once wave X is done we can expect another correction unfolding taking prices to sub 300 levels,but as of now 406-380 is price target for the on going correction.As of now it seems like we are done with wave A,B,C and D and currently wave E is going on.One can initiate short trade @ cmp of 458 with a stop of wave D high @ 478 for a target of 418 on the downside.
Stop-loss should be trailed everyday to previous day's high on closing basis once trade is in the money from cmp.
Disclaimer:This analysis should not be used for creating or exiting new or old position respectively,i am publishing this just for my future reference.