TATA MOTORS: Bullish - Bullish Pennant detected
On the rise :
A rising pennant has been detected and the price can go up around 1 108.
Plus we can reach the Gap around 1 018.
On the decline:
However we can monitor the EMA.50 ( pink) at 954, and the EMA.200 around 775.
Plus, for the purists of ICHIMOKU ( weekly) , we can go down to 843.
Watch the divergence...
As you see on the charts, if the stock crosses 550 levels and sustains above, it can be considered as the breakout of the Cup & handle pattern. Also, the rising parallel channel will be giving scope for a further upside move.
If does not cross 550 and not sustaining above, then this setup fails.
This is only one view according to the chart patterns, there may be...
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All Levels in a Chart
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Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Tata Motors inverse head and shoulder breakout on monthly tf
closing above 650 can lead to 830 and final 950+
risk reward ration will be 4.1
dc : only for educational and learning purpose
#TATAMOTORS trading above Resistance of 941
Next Resistance is at 1483
Support is at 600
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
📈 Stock Name - Tata Motors Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 965.
🚨 Disclaimer: This is not a Buy or Sell...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:TATAMOTORS
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly...
Huge potential is there.
For investment ;
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trendline is now broken,
wait for small retracement daily candle to close above - "122"
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if you are interested in investment, go for it with proper risk,
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overall "TATA STEEL" fundamentally good stock.
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Enter only if market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't...
Welcome To Trend Talk😊
All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Tata Motors Limited is an automobile company engaged in manufacturing motor vehicles.
TTM EPS: 31.98
TTM PE: 19.61
P/B: 0.73
Mkt Cap (Rs. Cr.): 208,392
Dividend Yield: 0.32
Sector PE: 52.69
Book Value Per Share: 863.26
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Strong Annual EPS Growth
Good quarterly growth...
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 multi time frame analysis, with details of monthly, weekly and daily chart posted in this analysis. Overall the setup is looking extremely bullish.
Also, believe 450 call writers may get trapped very soon. Below is 450CE chart for reference
