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Tatamotors

Nifty triangular formation on daily time frameHelo, do you think about nifty triangular pattern. I have noticed it on daily basis timeframe. Nifty has formed a triangle pattern, if we consider some previous days chart on daily basis. Yesterday i saw this formation in Tata motors also. Do you think, these will be able to come out of the box ? I f it happens, should be considered as breakout in connection with that drawn box. You may see a upside in upcomming some sessions. Let it come out first. Be aware and stay connected. Note : Views are personal and just for learning purpose. You should examine the mentioned and noticed things during live market or later.
NSE:NIFTY
by Catchy_Capital
Tata Motor - Short OpportunityShort opportunity - Tata Motor has formed a double top pattern and it has already crossed the neckline. Double top indicates that it will be a bearish trend in a particular stop. We have also confirmed this pattern with the RSI indicator. CCI is also near -100 and CPR is narrow. If these things confirm with 15m first candle then we can take entry at neckline i.e. 498.95. The target will be 7 rupees. Note - We have to wait till the stock retest at the neckline - this will be a confirmation of the trend.
NSE:TATAMOTORSShort
by sayenpure
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. ------------------------------------- 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.
NSE:TATAMOTORS
by Trading_hawk
Simple Trade Setup | TATAMOTORS | 27-01-2022 [INTRADAY]NSE:TATAMOTORS Observations: 1) On 1 day time frame, it closed just above 50DMA. 50DMA is placed at 488.63 level. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, it is in the channel. if it gives breakdown of this channel on 1 hr time then we can see down fall to continue. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 27-01-2022 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.
NSE:TATAMOTORS
by Trading_hawk