Tata
TATA POWER ON 30 MINS CHARTTata power is trading in downtrend. After a good double bottom pattern, TATA POWER did try to move upward but if we look at the retracement levels using Fibonacci, we can observe that stock has not yet broken the golden level of 61.8%. There also a possible HEAD & SHOULDER reversal pattern but we believe that can be a fake pattern formation because as stock is approaching towards FIBONACCI 61.8% level, buyers are getting weak. As this is 30 mins chart we believe TATA POWER can end up in a range bound market for upcoming week. Trade safe
Tata MotorDaily Chart Pattern
Uptrend Start after hold the 280 Level
Can give good short and mid term profit
For Long Term
PROS
Promoter holding has increased by 4.02% over last quarter.
CONS
Not Good Below 280 Price for long term
Company has low interest coverage ratio.
The company has delivered a poor sales growth of -0.16% over past five years.
Company has a low return on equity of -1.59% for last 3 years.
TATAMOTORS IN 15 MIINS CHART.Tata motors is trading at a crucial level. Looking at the chart, the price of stock is trading near 200 MA. There were very few data available on 15 min but after looking at bigger picture we were able to plot two good points for shorting TATA motors.
1) On bigger time frame , 45 min or 1 hour chart , stock is trading below 200 MA, indicating bearish trend.
2) Price action pattern of Rising wedge is plotted, that implies continuation of bearish trend.
3) Crossover of EMAs
If TATAMOTORS open flat wait for the price to break the support and continue down.
If TATAMOTORS open with gap down, wait for retest of support.
If TATAMOTORS open gap up, Look for my Bullish setup on that I will be posting right next after this
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 !!!
midcap, midcap, midcapindex at all time high but stock are not. the line adjacent to base is sl and target can be 2013 or 2018 highs.
TATACONSUMER BREAKOUT TATACONCUSUMER once again tried to break its all-time high of 635, overall momentum looks positive, it should break its ATH of 635, and continue the momentum giving good gains.
As per reports TATACONSUMER will be included in NIFTY50 from 31st March. I think that should be the push this stock needs to break its 635 resistance zone.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views, I am still learning.
Movement of TATACONSUMER TATA CONSUMER LOOKS GOOD ON TECHNICAL CHARTS RESISTANCE AT 635. POSSIBLE GAIN IF CROSSES 635.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views, I am still learning.