Tata
Bird's-eye view on TATA Motors 🚀In recent years TATA Motors has given a negative return and it is one of the most underperforming stock in the NIFTY.
But after having a long time frame view and recent parallel channel breakout with an immense amount of volume (in Billions) that has never seen before, the stock seems too promising.
So, there is a very good buying opportunity in long and as well as F/O trading perspective.
Major/Longtime resistance - 300
Buying level - current levels or 300+
Targets - 330, 330+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Break Out after 12 years WOW!! Multi Year Breakout.It's a multi-year breakout!! Price may give a pullback up to the channel's upper edge.
It's an investment opportunity for 2 to 3 years.
Volumes have been increased drastically for over 6 months.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS!
If you earn from my ideas, kindly consider donating a small part of your profits to those in need.
Always trade what you see, never trade what you feel.
ThankYou!
volume breakoutvolume breakout and retracement..
play cautiously as stock has broken strong volume candles on previous ocassions.
TATA STEEL CAN GIVE GOOD MOMENTUM ABOVE 650 LEVEL (BULLISH) Tata Steel Gave Great Breakout in previous Trading week, with massive volumes,
Now, it can be continue its Bullish Journey if it's sustain on 642, (That is 78.6% Fib Level) ..
Target 1 : 690
Target 2: 750
NOTE: Its 1W (WEEKLY TF) That Means Above Predictions Can Be Right In 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Tata Steel Intraday and Week LevelsAs per Day Chart,
5th wave is completed so today it takes retest to previous high(close)(627) then tatasteel comes down to 577 (may be within weeks)
Intraday (8 dec 2020) - above 614 to 627
tatasteel small retracement is started so once the reach retest(627 and wick above ) it down to 577
now it takes correction
so friends Becare
TATA CONSUMER | Long | 1-2 Weeks Target of 566Tata consumer Closed above the resistance line 534.50 which gives target of 566 in short term. few factors indicating the support for target in 1 hr candle you will hammer supported by 50mvg, next when ever RSI turns above 70 mark it given consecutive 3 days of uptrend we can expect from next trading day,