TATAMOTOGap filled as expected.
Any close above black trendline can lead to second gap filling.
Views personal.
I Can go wrong.
Not a trading recommendation.
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Tatamotors
Supply Zone Breakout in Tata Motors (D)Tata Motors has finally broken the previous supply zone of 460-475. With stock approaching all-time high levels looks very bullish. We can buy at the current price with SL@ 425. Possible targets are mentioned on the chart.
Tata motors is one of the fundamentally strong companies which is a leading global automobile manufacturer. It is a formidable player in the CV segment in India and offers a broad portfolio of automotive products including trucks, buses, coaches and defense vehicles. It is the leading player in the CV segment, with a market share of 43.0% during FY20.
This is not a trade recommendation, Do your own analysis before investing.
Do share your views on this.
YR 2022 Idea #90: Long on TATAMOTORSThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
11-20% upside in TATA MOTORS
After consolidating in a range for more than 4months, Tata Motors has finally given a breakout with good volumes and entered it's previous price channel.
The stock can reach it's ATH levels in few weeks and can see more upside potential if it breaks it's previous high.
A positional trade can be taken with the below targets and SL
Target1: 532
Target2: 579
SL: Depending on your risk, my preference would be the resistance it faced previously(Around 458-460)
Please perform your due diligence before taking a trade.
Happy Trading :)
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