Tatamotor
Tata Motors Flag and Pole Pattern Breakout Above 1050Details:
Asset: Tata Motors Limited (TATAMOTORS)
Breakout Level: Above 1050
Potential Target: Significant upside momentum expected
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Tata Motors Limited (TATAMOTORS) is poised to give a breakout from a flag and pole pattern if it sustains above the 1050 level. This breakout could indicate a shift to bullish sentiment and potential for significant upward movement.
Market Analysis:
Technical Breakout: A breakout above 1050 from the flag and pole pattern suggests strong bullish momentum, likely to attract increased buying interest and drive the price higher.
Market Sentiment: Positive market sentiment or company-specific catalysts may be supporting the anticipated breakout in TATAMOTORS.
Potential Target:
The potential upside target is not specified but is expected to be significant given the flag and pole pattern breakout.
Risk Management:
Implementing a stop loss strategy below the breakout level is essential to manage risk in case of unexpected price reversals.
Timeframe:
The projected move for TATAMOTORS is based on a short to medium-term outlook, but actual timing may vary based on market dynamics.
Risk-Reward Ratio: Consider individual risk tolerance and adjust position size accordingly to maintain a favorable risk-reward ratio.
As with any investment opportunity, conduct thorough analysis and consider factors such as market trends, company fundamentals, and risk management strategies before making trading decisions.
Tata Motors Ltd - Breakout OpportunityDate : 6-May-2024
Rating : Buy - Positional Trade
LTP : Rs. 1,016.20
Targets: (1) Rs. 1,065 --> (2) Rs. 1,155
SL : Rs. 995.00 on daily close basis
Technical View:
• NSE:TATAMOTORS is in its primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 1,065.60 on 5-Mar-2024, it has retraced 14% to 921.20 level.
• On 2-May-2024, NSE:TATAMOTORS has broke out from its secondary down trend with higher than average volume.
• Since 25-Apr-2024, NSE:TATAMOTORS is trading above 20 DMA and 21 DEMA.
• RSI and MACD has already given cross over and trading at 58.43 and 8.93 respectively, indicating bullish momentum in coming days.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Publishing the ideas for learning purpose only.
Tata motors near a break out level.Tata motors on the daily time frame has closed near a resistance zone and can give a good movement above the resistance zone.
20 and 200 ema are close enough and there can be a bullish moving averages cross over.
A intraday and swing trades can be initiated in the bullish side once the stock starts closing above the 440 level.
Target :- 453, 471
Stop loss :- Close below 20 ema on daily chart.
The stock is also good for a long term gains and can give good profits.
Markets have created new ATH and the stock can also follow the trend.
Wait for the stock to start trading above 440 levels and 3% gain can be captured in a positional trade.
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors has formed a double bottom pattern, that indicates an upside move. Bur, it is near the psychological number of 450, If it crosses this number then it will show a big upside move. The 1st target for intraday will be Rs. 2.50 above the psychological number and the second target will be Rs. 4.15 above the same level.
Happy Trading!
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors has announced about their new cars, are going to be introduced in Indian Market. This may strengthen Tata Motors' position in the auto sector as well as in the stock market. It will be a good buying opportunity for the short term and for intraday too. For intraday 434 level is important and for the Short term, the 437 level is important, if it crosses this level, it will give a good target.
Happy Trading!
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors is preparing for a big rally and it will soon have an upside movement in the market. For intraday we can go for long it crosses 435 levels then we can go for a big target of Rs. 446. It has retraced the support level of Rs. 427 but unable to break it, so this is the sign that it is preparing to show a big move, also in upcoming months, it might cross the all-time high price i.e. 606.
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors has moved upperside last Tuesday, so there were chances that this stock will either hold a position in this range or may come down. So, on Wednesday it slightly come down and went sideways. The stock has closed at the level where it has opened on Monday. If it opens a gap up or flat there might be chances that this will go up. If it crosses the level of Rs. 436.40 then this will give a target of Rs. 447.00.
Happy Trading!
Tata Motor - Short OpportunityShort Opportunity -
Tata Motors has formed a flag pattern on the daily chart, & it has broken the flag level at the downside and also retraced at the flag line. So it is supposed to go down. If this stock closes below the level of Rs. 434.85, then we can go for short, and it may show the level of Rs. 410.10.
Tata Motor - Long OpportunityLong Opportunity -
TATA MOTORS has made the flag pattern on the daily timeframe chart & it has the strong support of Rs. 456.80. On 25th Feb the candle closed above this support zone, so it is expected to go up. In 15 min timeframe, today's candles took the support of 0.382 levels of fib retracement & then go up. the 0.382 level is the same as the support level of the flag i.e. 456.80. The CPR is upperside & it is expected to go up. But if there will any bad news happens in the international market, then we have to take the move of safer side.
Simple Trade Setup | TATAMOTORS | 07-02-2022 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On 1 day time frame, it closed just above the upper trendline of the support channel as well as above 500 level. 500 is a support at this time. If it sustain above it then we can see an up move.
Breakdown of it, can lead fall to the middle trendline of the channel and even in worst case the bottom trendline of the channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for 07-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Tata Motors - Inverted Head and Shoulder - BullishTata Motors is forming inverted head and shoulder pattern on hourly chart.
Short term and long term view is positive.
Entry can be taken only when it retrace back to the neckline and sustains or above the breakout line.
All the level are mentioned on the chart.
Disclaimer: All the levels are for educational purpose.
Tata Motors Ltd. Sector: Auto - LCVs & HCVsTata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.
CMP: 509
TARGET: 566 and Above.
Reason: Breakout neckline of w pattern now we get good rally in Tata motors. for long-term its good stock to target 600 , Many Eco project work in process.
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Simple Trade Setup | TATAMOTORS | 11-01-2022[INTRADAY]NSE:TATAMOTORS
All the levels and most of trade setup is still same as per previous.
Trade Setup for 11-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS | 04/01/22 & 05/01/22 [INTRADAY]NSE:TATAMOTORS
This setup will be applicable for this week.
Giving only safe levels to trade.
Trade Setup for Date: 04-01-2022 & 05-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.