Tatamotors
Potential upside in Tata Motors DVRAfter a drop from 300, the stock has formed a strong support at 180.
Current price action display a potential upmove for the stock above 209 levels.
For postional target of 220, 230 and 240 in the short to medium term.
Have a stop loss at 5-8% if the trade doesn't go as per plan.
Note: Not a buy/sell recommendation. Please consult your financial advisor.
TataMotorsTataMotors CMP 441.5
This is a weekly chart of TataMotors ( TM ) ...
this is possible wave count in TM
Red marked zone is supply zone in it ...
also we see a trend line breakdown...
if TM stays below 462 ...
Blue arrow is the possible direction of the script ...
Just a View!
Vedang :D
Chart is for study purpose only!!!
TATA STEELWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
TATA MOTORS | Good for Long | INVERTED HEAD & SHOULDER PATTERNNSE:TATAMOTORS
Reason for Trade : Awaiting for a Resistance Break Out
Cmp : 440
Entry : Closing Above 444
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
TATAMOTORs - Breakout Trade - Auto Sector - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Breakout in Tata MotorsPrice breaks out the consolidation zone.If market trend continues stock will perform.
Short term Target 462.70/532 SL below trend line.
Market always risky it derives under many factor. So, don't take any trade or investment decision based on recommendations. Do your own analysis before enter into the trade.
Tata Motors: Wolfe Wave and Butterfly gets activated TATA MOTORS
1. Coming out of its slumber
2. Two prominent patterns getting active around 440-450.
3. Buy on dips candidate with an SL of 409 (Closing basis)
4. TGTs - Bearish Butterfly: 490-500
5. Wolfe Wave TGTs: Above 500 until price reaches the TGT line.