TATA MOTORS - UPSIDE (Monthly Chart)Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
Search in ideas for "tata motors"
Tata motors PRZ around 250 to 255 zoneExpecting Tata motors to down till 250 to 255 Zone before making a come back
Traders can short at current levels to make quick Rs 10 to 15 bucks
Investors need to wait till 250 to 255 levels which will give good risk to reward ratio
Do your own analysis before investing
Tata Motors Ltd Long @ Rs 316 or belowEntry 316 OR below
Target 349+
SL 298.8
Time: 3-4 Week
Tata motors dropped due to bad news , stock is now trading near demand zone. Rs 300 to 306 is demand zone. Buy and hold for the 3-4 weeks.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
BSE:TATAMOTORS
Tata Motors - Double BottormWe observe the overall chart structure of Tata Motors Ltd is bullish and formed double bottom near the support zone at 280. Primary trend is bullish, and price has corrected sharply and established short term bullish chart pattern "W" Pattern at the bottom. Its a combination of Double bottom and W Pattern.
Buy above 308
SL below 279
1st Target 328
2nd Target 357
TATA Motors - Long - Consolidation ZoneHi Guys,
Tata Motors was in the Uptrend and the script was not trading below EMA200.
The script was in the support zone of 279-287 and braked above it.
Hence, the script can move up to the resistance zone 347-359.
Hence we can go for long.
SL - Below the Support Zone
Target - Resistance Zone