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)...
When it crosses the trendline take the long call. It should cross tomorrow morning.
MACD is also ready to crossover
SL about 5% and target about 8 to 10%.
Duration 1-2 weeks.
Hi 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....
Buy above 309 for 2.5,7,15+++
Sell below 306 for 2.5,7,15+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 322 for 2.5,7,15+++
Sell below 317 for 2.5,7,15+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
weekly RSI is very bullish mode and daily price has crossed the resistance of last almost 1 month time frame of 2770.......one can buy with SL 2700 for target 2950 or so.
Buy above 320 for 2.5,7,15+++
Sell below 315 for 2.5,7,15+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Stop loss shifted to 110 represented by pink line and we will be bullish until market is bullish or (NIFTY is green).
watch for bearish red candle engulfing
the stock has nearly same structure as DLF of about 10 year consolidation although it did went above 90 2 times after 2010 unlike dlf. if it sustains above 90 with good volumes it can do wonders
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...
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.
In the hourly chart, we can clearly see that Tata Consumer Products has broken the resistance of 614 with high volume. Take long position guys for the target of 636 .
