TATAMOTORS // Levels // 4 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
As of September 6, 2024, the Tata Motors (TATAMOTORS) share price was ₹1,069.15.
The current price of TATAMOTORS is 1,050.30 INR — it has decreased by −1.76% in the past 24 hours. Watch TATA MOTORS LTD stock price performance more closely on the chart.
Tatamotors
TATAMOTORS 30 Min Levels (S/R)# we mark Support and Resistance on the charts so you can check..
Support Levels
Definition: Support levels are price points where the stock has historically had difficulty falling below, indicating strong buying interest.
Steps to Identify:
Look for Recent Lows: Examine recent 30-minute candles to identify the price points where the stock has recently bounced upward.
Draw Horizontal Lines: Place horizontal lines at these low points to mark potential support levels.
Check Multiple Lows: Confirm these levels by checking if the price has touched or approached these points multiple times.
TATA MOTORS FOR 1130+Tata Motors Limited is an Indian multinational automotive company, headquartered in Mumbai and part of the Tata Group. The company produces cars, trucks, vans and buses.
Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery) and Stellinis, which makes vehicle parts for Fiat Chrysler and Tata-branded vehicles
We recently see a good number of corrections in the stock of TATA MOTORS.
It recently confirms double bottom on daily chart.
C.M.P 📑- 1098
Target 🎯 - 1138/1171
Stoploss 🚫 - 1020
Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: This is not any stock recommendation; this is only for educational purpose.
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RELIANCE // 4 hour // Support and Resistance"Welcome to SkyTradingMod "
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As of the latest update, Reliance Industries Ltd is trading at ₹3,032.5. Here are some key details:
Price Change: +₹13.25 (0.44%)
Day’s Range: ₹3,013.25 - ₹3,047.75
52-Week Range: ₹2,220.30 - ₹3,217.60
Market Cap: ₹20.43 trillion
Dividend Yield: 0.33%
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EURUSD Levels // 20 MinHello Everyone 👋
Current Price
1.0850: This is the latest price level, reflecting the current market sentiment.
Resistance Levels
1.0880: The first resistance level, where selling pressure might increase.
1.0920: The second resistance level, indicating a stronger barrier for upward movement.
1.0980: The third resistance level, a significant hurdle for the bulls.
Support Levels
1.0820: The first support level, where buying interest might emerge.
1.0780: The second support level, indicating a stronger floor for the price.
1.0740: The third support level, a critical point for the bears.
Technical Indicators
Moving Averages: The 50-day and 200-day moving averages can provide insights into the trend direction.
Relative Strength Index (RSI): An RSI above 70 indicates overbought conditions, while below 30 indicates oversold conditions.
MACD (Moving Average Convergence Divergence): This can help identify potential buy or sell signals.
Market Sentiment
Economic Data: Keep an eye on upcoming economic releases from the Eurozone and the US, such as GDP, employment data, and inflation reports.
Geopolitical Events: Any significant geopolitical developments can impact the EUR/USD pair.
AXISBANK Levels // 30 MinHello Everyone 👋
Stock Price: As of the last close, Axis Bank’s stock price was ₹1,165.95 INR, showing a decline of 0.34%.
Support Levels: The stock dropped from ₹1,340 and is now nearing support at ₹1,160-1,150, including historical levels and the 200-day Simple Moving Average (SMA).
MACD Signal: The Moving Average Convergence Divergence (MACD) suggests a potential reversal, indicating a buy opportunity.
Upcoming Earnings: The next earnings report is expected around October 23 for Q2 2024. The estimated earnings per share (EPS) is ₹20.25 INR, and the revenue estimate is ₹195.84 billion INR.
TATAMOTORS Trade Analysis for Buy using Wyckoff method. Wyckoff Story
Prior to trading range we were in uptrend and then we have BC and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH.
Down wave Analysis
We can see that the volatility of the down wave is decreasing from Phase A to Phase C, confirming the accumulation Bias.
Volume Analysis
In Phase B we see increase in supply but the price is not able to go below the trading range, lot of effort to push the price down but fails, indicating effort vs result is not synced. Confirming the accumulation bias.
We have supply decrease from Phase A to Phase C indicating supply is being absorbed.
Spring
We have spring in Phase C
Jump Across the Creek (JAC)
we have JAC in phase D with good volume indicating institutions are present in buying.
Banknifty Long Levels #NSECertainly! The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key points related to Bank Nifty levels:
Intraday Trade Setup for August 6, 2024:
Bullish Scenario:
Buy above: 49,860
Stop Loss: 49,780
Targets: 49,940, 50,020, 50,100, 50,220, and 50,400
Bearish Scenario:
Sell below: 49,640
Stop Loss: (not specified)
Symmetric Triangle Targets Met:
Bank Nifty successfully hit both targets from the recent symmetric triangle pattern within two days. It is now consolidating near the 15-minute and 1-hour support levels.
Immediate Support: 49,620
Immediate Resistance: 50,420 and 50,700
Inverse Head and Shoulders (H&S) and Falling Wedge:
Bank Nifty has formed a falling wedge and an inverse Head and Shoulders pattern.
The crucial level of 50% retracement on the Fibonacci Levels from the bottom created on the election day result is relevant.
Long Levels:
Bank Nifty Index Long Levels are not specified in the provided data.
Tata Motors Ltd - Positional TradeDate : 11-Aug-2024
LTP : Rs. 1068.10 (on 9-Aug-2024)
Next Resistances: (1) Rs. 1,179 --> (2) Rs. 1,284
SL : Rs. 950 on daily close basis
Technical View:
• NSE:TATAMOTORS is in it's primary uptrend and currently going through it's secondary uptrend.
• After breaking out from it's previous secondary uptrend on 25-Jul-2024, NSE:TATAMOTORS had touched the high of 1,179 on 30-Jul-2024.
• From it's previous high of 1,179 NSE:TATAMOTORS has retraced 14% to 1,008.40 level. NSE:TATAMOTORS has re-tested the previous secondary downtrend line and started the upward movement after taking a support at 50 DMA.
• On 9-Aug-2024, NSE:TATAMOTORS has closed above 20 DMA.
• RSI has re-entered buy zone on 9-Aug-2024 and trading at 54.16.
• MACD is trading at 14.21.
• Looking good from here onwards.
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Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
Automobile Speeds Up: TATAMOTORS & ASHOKLEY on focus
The auto index is currently experiencing a robust uptrend, consistently forming higher highs and lows.
After breaking out of the parallel channel, the index underwent a consolidation phase before recently making a significant breakthrough.
This breakout has made the sector highly appealing from an investment standpoint.
Keep an eye on these stocks in this sector: Tata Motors, Ashok Leyland
Accumulation Phase Breakout seen in India's Top Automobile StockHello Everyone, I hope you all will be doing good. I have brought a stock which has given a breakout of accumuluation phase with huge volume spike. Stock name is Tata Motors and it is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world.
It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.
Market Cap
₹ 4,00,627 Cr.
Current Price
₹ 1,091
High / Low
₹ 1,094 / 593
Stock P/E
12.4
Book Value
₹ 255
Dividend Yield
0.27 %
ROCE
20.1 %
ROE
49.4 %
Face Value
₹ 2.00
Industry PE
27.3
Debt
₹ 1,07,262 Cr.
EPS
₹ 94.5
Promoter holding
46.4 %
Intrinsic Value
₹ 644
Pledged percentage
0.00 %
EVEBITDA
6.98
Change in Prom Hold
0.00 %
Profit Var 5Yrs
93.1 %
Sales growth 5Years
7.72 %
Return over 5years
49.3 %
Debt to equity
1.26
Net profit
₹ 31,807 Cr.
ROE 5Yr
5.84 %
Profit growth
1,266 %
Earnings yield
8.42 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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TATA MOTORS LOOKING GOOD FOR MORE UPSIDETatamotors have given the breakout of previous high @ 1066 levels and closed above that. Further rally can be expected in the stock if it sustains above 1095 towards 1150 and upper marked levels until 967 is intact on the downside.
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TATAMOTORS - Ichimoku Breakout📈 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 1091.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Tata Motors is Ready for LongHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle pattern in daily TF.
* Rectangular Box Pattern In Weekly TF.
* From Mar 2024 to July 2024 tested resistance many times.
* From Mar 2024 to July 2024 Moving in 150 Points Range
* It's Break resistance Zone and trying to sustain above Resistance Zone with good volume.
* If resistance zone is Sustained then we can see a good move.
* Volume Accumulation (Volume is Showing Strength).
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