Triangular Pattern has Formed on Tata Motors there can be a good move upside or Downside, Wait for the breakOut and enter on retracement, Keep your Sl and TP accordign to your Risk and reward Ratio.
Buy : Tata Steel SL : @680 Target : @700-@710-@720 . . . DM for Any Enquiries
TATAMOTORS has entered the hourly channel and trading as a bull flag. Watch out for breakout on either side and trade as per the market trend.
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...
in.tradingview.com TATA MOTOROS BUY TRG OF 320 WITH SL OF 251
TATAMOTORS - Symmetrical Triangle breakout on either side based on the market trend.
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...
Keep an eye on tata power for multi-year breakout.
volume breakout and retracement.. play cautiously as stock has broken strong volume candles on previous ocassions.
From here onwards we can expect an upward move in Tata Steel as RSI divergence data looks positive and formation of a rounding bottom can be predicted. One can go Long from here.
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...
120 is a powerful supporting zone and a long term supporting zone is also cross on 120 If it supports 120, then the resistance zone will be its targets
Looking good in coming days. Making rounding bottom. Coming day the stock is bullish. Above 2882, it can fly.
Buy signal it will touch 200, 239, 282, 304 Disclaimer: discuss with your advisor and Research before decide to invest.