Short Opportunity -
Tata Motors has shown both movements - upward and downward on the last trading day. Now the level of Rs. 410.55 is critical support and if its level gets breaks then this stock will go down and we can go for a short opportunity for the target of Rs. 408 and 404.70.
Happy Trading!
Short/long Opportunity
Tata Motors has formed a double bottom pattern in 15 minutes timeframe, but it is also shown a bearish trend on the daily timeframe. The level is between 411.40 to 410.50 is very critical We have to wait till the price gives confirmation. If it stays above this level we can go for a long, if it goes below this level we can go for short.
If TATA MOTORS opens above purple line
TATA MOTORS can buy when it touch purple line around 408-410 with target of 1:2 ratio, SL is when 1hour candle opens and close below purple line.
Sideways -
Tata motors have shown us a depth and it also recovered from that depth, so it is expected that now is the timing for the sideways market. As there is an uptrend, a downtrend we also have to consider a sideways trend too. There might be chances that in the first 15 min candle may show a big move and later it will go sideway.
Long Opportunity -
Tata Motors on Thursday Opened with a big gap-up move, and then fall down to feel that gap. On Friday it is expected to give a positive move. It may give the target of Rs. 437.00 and higher if it crosses the previous day higher. But only take entry if any green candle closes above the level of Rs. 426.70.
As we see TATA MOTORS is taking support from its major trendline and forming MORNING STAR candlestic pattern . we can go long by keeping our stoploss below the last swing.
On daily time frame a morning star with volume confirmation is being formed.
On Fibonacci levels resistance are 410, 421 and 431.
Just look for a bullish trade setup in this stock.
Long Opportunity -
Tata Motors has confirmed the uptrend on the Day chart timeframe, as it has formed a morning star pattern. So a bullish move is expected in this stock. On Thursday it might fill the gap of 07 March, so we can expect the target of Rs. 415.20.
Long Opportunity -
Tata Motors has closed on the positive side, though there was a big fall have been seen on the last trading day. It has felt the gap that was there from October 2021, & it is showing some positive sentiments and might be preparing itself to go long. This stock may consolidate between Rs. 394.40 to 401.60 and then may show a big move. On day...
360 is strong support, and 440 level Is weak resistance; expected to fall till 360 from CMP, and then we can hope for a reversal.
The analysis is solely based on Support and Resistance. The Stock is fundamentally sound and can be accumulated at discounted price
Currently the stock is trading at 26% discount from all time high levels.
Tata Motors (Daily):
1. Stock has closed below 200 Days Exponential Moving Average
2. Forming Running Gaps (making it more bearish)
3. Increase in selling volumes
4. Stock is heading towards the previous breakout level after long consolidation and distribution phase. Support is around...
Short Opportunity-
Tata Motors sustain at a level of Rs. 389.30, there is minor support at this level. This stock will either retest this level or it may open below this level. If any candle closes below this level, then we can initiate short selling for the target of Rs. 380.30
Short Opportunity-
Tata Motors was in the sideways zone on the daily chart timeframe, and on Saturday (4 March) it has break the sideways support zone at the downside. So, it is expected that this stock will show bearish movement on Monday. The candle which closes below Rs. 414.80 then there will be an entry chance for short selling. The first target will be...
![TATAMOTORS: TATA MOTORS Analysis [WAIT]](https://s3.tradingview.com/5/5CCY1XaX_mid.png "TATA MOTORS Analysis [WAIT]")
