Is Tata Motors Forming Bullish Flag ..?Is Tata Motors Forming Bullish Flag ..?
Please watch carefully .. it's 1 hr time frame.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
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Tatamotors
Simple Trade Setup | TATAMOTORS | 03-11-2021 [ INTRADAY]NSE:TATAMOTORS
All the levels and trade setup remains same as per previous trade setup.
Trade Setup for Date 03-11-2021:
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.
Simple Trade Setup|TATAMOTORS|02-11-2021[INTRADAY & POSITIONAL]NSE:TATAMOTORS
Observations:
1) On daily time frame, we can see it has been trading between 10DMA and 21 DMA since last 3 days.
10DMA is immediate resistance which is placed at 490.46 level range.
21DMA is placed at 446.24, which will work as majort support level.
Also last two candles are having very small body. And longer lower wick.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, we can see that it is making almost flat lows and trading in decending triangle pattern.
Immediate Major support range is 470-480 level. Breakdown of this 470-480 level range will give bearish move.
Immediate major resistance is at 505 level.
Sustainable breakout of 505 level will make it again bullish.
Please refer below chart : 1hr Time Frame.
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For Positional Trade
Sustainable breakout of 505 level will be safe good entry point for short-mid term buy/long trade.
With SL of 495 and Target of 542-555-560.
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Trade Setup for Date 02-11-2021:
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:ASHOKLEY Consolidation BONSE:ASHOKLEY
#ASHOKLEY Consolidating @ Resistance and trying to BO the level, Post BO may result good positive momentum.
Post sustainability above the level may try 145 CE
If swing changes start falling down side may try 140 PE.
Check out todays charts and results to practice the levels.
Happy Trading !!
Tata Motors Buy or Sell ? (Intraday)Tata Motors is currently taking support from a trend line, it could now take support and go bullish or break the trendline and give a bearish momentum , both of these scenarios are possible. We have to plan our trade according to the movement of the price and looking at the price action. If it goes sideways we have to wait for a proper entry.
Tata Motors: Chart set up & trading strategyTata Motors
542 / 573 are important level for Tata Motors (closing high in Sept 2016 / & Jan 2017 )
Given the set up one may consider selling 560 Call option currently around 12
Max profit potential Rs 34200/- per lot (yield potential 9% on Margin requirement till 28 Oct expiry)
Loss protection for a rise up to 572. The stock has seen a tremendous rally in last couple of days and the strategy would require cooling off in the stock momentum and / or sideways movement to be profitable.
The strategy covers risk for a rise in stock price up to 572 till expiry
Take care & safe trading....!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Tatamotor down swing trading on 15 minTAMO as per 1H chart its in consolidation zone.
1) It has broken last 15 min swing low of 490 made Lower Low, Yeelow small line.
2) if we count down swing 510.70 to 487.40 then there is support line passing this can push back it up side.
3) down swing of 510.70 to 487.40 retracement 50-61.8% is 500-502 zone. which is entry zone for short
4) SL of the entry should be 505 as per 15 min consolidation zone.
5) Target fo the trade should be 480-76 where Bulls was entered last time as per PA
In this trade we are taking risk 3-5 points and target 20-25 points.. The risk reward is almost 1:5
Its my Personal view, Think twice before take any decision. I always focus on my loss figure which i can bare, not on profit.
Tata motors DVR long term#tatamotorsDVR
Tata motor DVR
Will be great addition to long term portfolio between 220-230 range.
That's a fib level support as well.
SL should be kept at 180 on WCB.
I prefer DVR over TAMO share as have never used voting rights and not planning to use it.
So why not get some extra dividend.😁
Info: big bull Mr. RJ increased his stake recently in this.
This stock will require patience to give money.
#VR
Simple Trade Setup | TATAMOTORS | 25-10-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On 15min time, we can see symetrical triangle pattern. And it closed near to the support line of the triangle pattern. If it breaksdown the support (bottom) line then it will be bearish. But if it takes the support and then breakout resistance (upper) line then it will be bullish.
Please refer below chart : 1day Time Frame.
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All the levels and most of the trade setup still remains the same as per previous.
Trade Setup for Date 25-10-2021:
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.
Levels for - 25 Oct 2021EXPLANATION : This is a 2 hour time frame chart of TATAMOTORS . The stock has been in a consolidate for days and has formed symmetrical triangle pattern . If give a strong breakdown and broke its trendline with volumes and has retested the same , I am bearish on this stock . If give a strong breakout and broke its trendline with volumes and has retested the same. I am bullish on this stock . Enter as per your setup .
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend .
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Simple Trade Setup | TATAMOTORS | 22-10-2021 [ INTRADAY]NSE:TATAMOTORS
Observations:
1) On daily time, it made kind of a rising star pattern.
Only negative thing is that it is still far from short term DMA which is 10DMA. Also the gap is still open.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 22-10-2021:
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.