Tatamotors. Go long to appease the bottom fisher in you.#Tradeideas #tatamotors :
Just to appease the bottom fisher inside you one can try going long at this juncture.
Tata Motors at crucial support. Forming a green candle at that region, could be a potential reversal. Entry is possible at this stage with a small quantity. More like a probe quantity.
Do not risk more than 5% in this trade in my opinion. If we are catching the reversal then the reward is high. That is the sole reason for sharing this idea.
Remember, these could go against the trade:
🔴Bad Q2 results.
🔴Weak Market sentiments.
🔴Need more confirmation of a reversal.
🔴Way below all Key DMAs.
🔴Bearish Structure.
If you weigh in everything this is a low-probability trade. So risk less. This is just a view and not a recommendation.
Tatamotors
TATA MOTORS Price is at imp level
If closing sustains in weekly candle below 795 then it could dump more to the green flag marked on the chart or to the price 586 within 20th Jan 2025 or 17th Feb 2025
If closing in weekly candle sustains above 810 then could test 916 level or to the red trend line .
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
TATA MOTORSReasons to consider going long on Tata Motors:
1. Technical Support Levels: Tata Motors is positioned at a horizontal support level and a fair value gap on the daily timeframe, indicating potential for a reversal or bounce.
2. Fundamental Strength: Tata Motors is fundamentally strong, likely benefiting from a well- positioned product line, growing market share, and financial resilience.
3. Sector Support: The Nifty Auto index is also at its support level and is taking support at the 200-day moving average, which could signal broader strength for the auto sector and support upward movement for stocks like Tata Motors.
Waiting for confirmation with a CHOCH (Change of Character) on the 1-hour timeframe is a solid approach. Here’s a structured plan based on that:
1. Wait for CHOCH on 1-Hour: The CHOCH would confirm a potential shift in market structure, signaling the beginning of bullish momentum. This adds more reliability to the trade setup.
2. Entry on Retest / FVG / IFVG:
• Retest: After the CHOCH, a retest of the breakout zone could provide an optimal entry, ensuring the breakout holds.
• Fair Value Gap (FVG): If an FVG appears within this structure, entering here could capture the shift in momentum at a lower-risk point.
• Imbalance Fair Value Gap (IFVG): An entry on an IFVG could further refine your risk-to- reward ratio, especially if market liquidity fills these gaps.
Technical Analysis Part - 1An RSI divergence occurs when price moves in the opposite direction of the RSI. In other words, a chart might display a change in momentum before a corresponding change in price. A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price.
The RSI provides immediate signals for buying and selling, helping you understand whether an asset is overbought or oversold. RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued.
"Retailer Trap in Action? | TATAMOTORS✅"Tata Motors (-3.8%) has hit its lowest point since January, down 28% from July highs. Are you buying the dip?"
✅"Inducement is a process where market movements are manipulated to encourage traders to take positions that are likely to fail. The idea is that large institutions can influence price movements to attract various traders and trap them in losing trades."
💡Insight:
📍Business Split: Tata Motors is separating its Passenger and Commercial Vehicle businesses to streamline operations, with a Jaguar Land Rover IPO expected soon
📍Sales Boosting Discounts: October 2024 sees major festive discounts on models like the Nexon and Harrier to regain market share
📍Sales Performance: A 2% year-over-year increase in Q1 FY25, led by strong growth in commercial vehicles despite slight dips in passenger vehicles
💡✍️Applied Tools:-
1️⃣Trap Trading
2️⃣Strong order block zone
3️⃣Fake channel breakout
4️⃣Inducement Strategy
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⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
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A READY TO BREAKOUT - TATA MOTORS!!NSE:TATAMOTORS
❇️A good low risk setup in 2hr time frame above 950 makes a perfect entry.
❇️SL below recent swing low.
❇️A very good weekly break out at weekly time frame.
❇️Expecting stock price to reach 1100 in up coming days.
❇️ Volume looks good.
❇️Every entry must have a stoploss partnered with it.
👉🏻 @thetradeforecast 🇮🇳
TataMotors | Bullish from here ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
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✅We can't conduct a thorough analysis in such a short span of time. We need to review it, post our findings, and then take action.
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Tata Motors - More Curvv always doesn't means better. Tata Motors have been trending up since March 23 & has taken support at 20 Week moving average (Blue Line) as seen in this chart it pulled back in wave 2 towards blue line & started wave 3 up then wave 4 was a triangle ABCDE in which we can see a spike down in wave C due to election results now what looks like a 5 wave down on weekly charts could actually be a ABC pullback on daily charts so weather its 5 wave down or 3 wave down that we will consider as the further price action develops but what will follow is at least 3 wave bounce on the up side holding above 920 which is also 50 week moving average it can bounce towards 1020.
Tata Motors - Poised for a Powerful UpsurgeTata Motors is presenting an exciting setup, and all signs point to a potential strong move upwards, thanks to multiple demand zones aligning perfectly across higher time frames.
Monthly Demand Zone : Tata Motors has firmly entered a high-confluence area, with the monthly and daily demand zones acting as a solid foundation. These zones represent areas where big buyers historically step in, making it a strong base for a bullish reversal. The confluence between the larger time frames adds even more strength to this zone, suggesting a high probability of upward momentum.
Monthly Demand Zone
Daily Demand Zone Reactivity: On the daily chart, the price dipped into a daily demand zone, triggering a sharp bounce. The immediate reaction from buyers shows the validity of this zone, with bulls actively defending it. This reactivity adds further confidence that Tata Motors may have found a strong floor.( visible in lower time frame Charts)
Daily Demand Zone:
Lower time frame Reaction:
Higher Timeframe Trendline Support : Adding more weight to this bullish setup is a long-term trendline support, which has acted as a reliable level for price to bounce from historically. This trendline is now aligning with the demand zones, creating a super-strong support structure. It’s not just the demand zones that are holding; the higher timeframe trendline is also providing a solid foundation for the price to launch upward.
Trend Line support
Gap-Filling Opportunity: There’s also a gap in price that remains unfilled, creating a target area for bulls to aim for. Gaps often act like magnets for price, and with the support from both the demand zones and the trendline, Tata Motors looks set to make its way upward to close this gap
With Tata Motors sitting in a confluence of monthly and daily demand zones, supported by a long-term trendline and a gap-filling opportunity, the setup is ripe for a significant upside move. The alignment of demand zones across multiple timeframes combined with the trendline support creates a compelling case for a bullish rally. This is one to watch for a potential strong uptrend!
TATAMOTORS Ending diagonal.. trend is getting matured..Tata motors in impulse 5th wave up .. high made 1179 (min target of 5th wave done)
It seems its making ending diagonal pattern in form of
3-3-3-3-3... waves and if it is doing diagonal pattern than chances are
there for 3rd wave of 5th up in 3 waves and one more new high possible.
important support is 4th wave low 855 breaking of which will end the impulse trend
and down trend will start in tata motors.
Disclaimer : study is only for educational and I am not SEBI registered.
TAMO: Time to Book Profit
Not bearish on Tata Motors ( Btw how can be bearish on a stock that made ~11x return in 4 years that to being LargeCap ), just update on the stock that it can face resistance of the trendline around 980-1010 levels. So to all the guys and girls having TaMo in portfolio time to book profit and again when it is around the 700-600 range, you can reenter.
Thanks, Bye!!
TATAMOTORS // Levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
As of September 6, 2024, the Tata Motors (TATAMOTORS) share price was ₹1,069.15.
The current price of TATAMOTORS is 1,050.30 INR — it has decreased by −1.76% in the past 24 hours. Watch TATA MOTORS LTD stock price performance more closely on the chart.
TATAMOTORS 30 Min Levels (S/R)# we mark Support and Resistance on the charts so you can check..
Support Levels
Definition: Support levels are price points where the stock has historically had difficulty falling below, indicating strong buying interest.
Steps to Identify:
Look for Recent Lows: Examine recent 30-minute candles to identify the price points where the stock has recently bounced upward.
Draw Horizontal Lines: Place horizontal lines at these low points to mark potential support levels.
Check Multiple Lows: Confirm these levels by checking if the price has touched or approached these points multiple times.
TATA MOTORS FOR 1130+Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans and buses.
Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellinis, which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles
We recently see a good number of corrections in the stock of TATA MOTORS.
It recently confirms double bottom on daily chart.
C.M.P 📑- 1098
Target 🎯 - 1138/1171
Stoploss 🚫 - 1020
Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: This is not any stock recommendation; this is only for educational purpose.
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