Tata Motors -Selling From Top@372 to 355 - Doing Bearish JobThe rally from bottoms@324-325 look impulsive in nature & came back to 370-377 - an important distribution zone where we expected a fall close to 355 as initial target as suggested in GSFC post.
Actual-356.50 was done today@6th April 2018
What we expect next ?
We shall look for a bounce from 355 -356 zones close to 365-368 zone - if motors fail again to hold above 365 means going above 365 & dropping back below 365 in later session shall likely take it back to same levels of 355 & below 355 for lower targets of 340-345.
Tata Motors doing its bearish job in upside maarket - takes lot of effort to do so against unfavourable condition- That's nice
At 373 -373
At 364 - Doing its bearish job
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GSFC Post - 165 to 113 - Did you jump ?
Search in ideas for "tata motors"
Tata Motors -Turning Right in Block Hole - 350 to 357 & Down@348As suggested in the previous idea of Axis Bank - an update was mentioned about Tata Motors that we are looking for a upside push from 350 to 357 - Look Motors has turned close by from 357 (Actual-358.40) like a block hole delivery & taking the wicket.
Axis Bank Selling with bearish shark
Tata Motors - Punctured@438- Selling at top for 41024th Oct2017
Last Traded Price@416
Congrats! If you were part of this sell trade right from the top@438. H&S pattern as suggested with incomplete right shoulder was fantastic to start as it completed exactly at 434 which was expected level to sell for 423-410 target levels.
Although H&S pattern was slow to react & touched 425-426 target zone in 1st attempt from 434 highs & bounced hard beyond right shoulder@434 but look - where it turned down in 2nd attempt- Just below 438. Yes, it turned down from 437.30 level to be precise.
Previous Update@17th Oct2017 - Incomplete H & S pattern@438 for 423-410
Lessons the trade taught us
Book partial profits or trail with profit stop loss method so that you can squeeze the maximum as a trader.
H&S pattern with 2 key levels 434 & later 438 was to be taken out for bulls to take control of the motors instead it gave partial target in 1st attempt -shy of 423 at 425-426 zone & In 2nd attempt -holding 438 highs upside turned from 437 to 416 in current day session.
As markets evolve H&S pattern tuned into double top at 438- 437 zone later -keeping in mind 438 which was critical level on upside.
What is next?
The most exciting part is what next as we all look for better trading opportunities. The fall from 438 highs was impulsive in nature so, next part should be traded with caution unless it stays/holds above 419.50 mark. We have a bullish deep crab with PRZ zone 416-412 where likely TM should rest next or get the support.
When to execute?
Strategy 1 - Moving above 419.50 - we shall look for 1st target zone of 423-425 & above 427 for 2nd target zone 432-434. Assuming that it moves above 419.50 & does not hold above 419.50 later - take care of trades as a matter of caution.
Strategy 2 - Look for 410-413 Zone as resting pad or strong support zone -if holds & starts moving upside then look to be part of bull side for same set of targets as mentioned above in strategy 1.
TATA MOTORS LONGonly for educational purpose ,,
Tata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra which is part of Tata Group. The company produces passenger cars, trucks, vans, coaches, buses, luxury cars, sports cars, construction equipment and military vehicles.
Tata motorsTata motor has major support at 300 in past weeks but due to some news and reasons it breakdown it’s support and now trying to cross 300 level. If it cross it with volume and sustain for sometime than you can see 310,315,325 levels in coming days. In technical also moving average is showing bullishness for short term and RSI is neutral. In chart it is making flag and pole pattern. I am bullish on tata motors, one can take long in it for short term for good profit.
Can Tata motors recovery from here? Check this analysis.Tata Motors' price took a great beating for its openness about the semiconductor shortage it has been facing. Many investors feel that the company did the right thing by being transparent.
The volumes are very low which indicates sharks are not interested in the stock just yet. But the price being in the demand zone, it is time to look into it.
The demand zone here is formed by the fib retracements 1.414 and 1.618. The stock has fallen enough, if it bounces back from the demand zone with higher volumes, we can wait for a pullback test and then go long.
If it somehow comes to test the bottom of the demand zone, wait for the price action @ 272 for a day and then go long. If it manages to sustain below 260, go short. At point going long has the higher Risk Reward ratio.
The probability for the price sustaining below 260 is little, it may go below 260 to hunt longs' stop losses. The volumes when stock price crossed 260 for the first time are huge, so my stance here is neutral to long. I would not go short for positional trading.
Stop loss and profit booking levels for both long and short positions are mentioned on the chart.
As per your risk appetite choose the long or short position.
This is not investment advice. Please consult your financial adviser before investing. Thank you.
TATA MOTORS WILL AGAIN LAUNCH SOON👍#47(GENIE IDEAS): AFTER ANALYZING AND POSTED A POST REGARDING TATA MOTORS
ON JUNE 3 ALL THE TARGETS ARE REACHED🤩.
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TATA MOTORS SCENARIOS FOR UPCOMING SESSIONS WITH RISK-REWARDHi Friends and Fellow Trades,
TATA MOTORS NSE:TATAMOTORS TRADING SCENARIOS DETAILED EXPLAINATION WITH RISK-REWARD
Please watch through till the end.DO NOT skip any part of the video or fast forward as you may miss important discussion point on the levels and entry-exit triggers.
This is my view and is should not to be construed as BUY or SELL recommendation. Please use your discretion before taking any position in the stock markets
REMEMBER - Random ACTIONS always RESULT in Random OUTCOMES
Happy Investing !!! Leave a LIKE if you have gained an insight from this analysis. Share and Comment as your way of showing gratitude !!!
TATA MOTORS ANALYSEDHhere i mentioned TATA MOTORS supports and resistances.Don't get confused all this analysis is possibilitis not my buy/sell call so please keep in mind.And one more thing i would like to say that mentioned targets are not for days that will come in week or month.in this chart other conceps are uded axcept gann fan.Self analysis will be better then following others.
Where will this november expiry take tata motors ????Tata motors looks good after making base around 750-760 levels and it seems that most of the negatives are priced in so a long trade can be initiated around 785-790 levels maintaining recent low around 755-760 levels as sl and potential target of 820++ 830++ level post nov expiry and 1000++ plus target for march quarter.
Tata Motors Limited (TATAMOTORS) Levels For Tata Motors Limited (TATAMOTORS), the key levels are:
* Resistance Level: ₹414.00 (52-week high)
* Support Level: ₹154.00 (52-week low)
This means that:
* If the stock price is above ₹414.00, it is considered to be in a strong uptrend and may be difficult to break above this level.
* If the stock price is below ₹154.00, it is considered to be in a strong downtrend and may be difficult to break above this level.