TATA MOTORS
Already explained all the thing what we need to know about Tata Motors in this picture. If price full fill the gap i.e. price close below the gap then if you've any existing position kindly square off, otherwise you may put stop loss order here at the price of 435, what I have also done in this stock. Otherwise market will touch the resistance line of 603, and book profit of half your holding.
Tatamotors
Simple Trade Setup | TATAMOTORS | 21-10-2021 [ INTRADAY]NSE:TATAMOTORS
Be very cautious if you are taking trade in TATAMOTORS.
I recommend that better to take trade only for safe side level and save your capital.
Trade Setup for Date 21-10-2021:
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.
tatamotors As we cans that tatamotors is rallying for sometimes and i thing this rally will end here on tatamotors and will start correcting from here and i am looking short on tatamotors here with target of 490-450 as nifty will also lose the momentum form here i see tatamotors feeling the gap
if tatamotors hit 518-520 again then we can go short with the target of 500,490,460 and also uh can see that we have been creating the inside bar on daily in tatamotors
one more things guys take the trade on your own risk as tatamotors is in news as trade accordingly here
Simple Trade Setup | TATAMOTORS | 18-10-2021 [INTRADAY]NSE:TATAMOTORS
Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
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.
Nifty OHLC is above 18000 helps Nifty SoarNIFTY 50 EOD ANALYSIS -13-10-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 18097.85
H 18197.80
L 18050.75
C 18161.75
EOD - +169.80 points /+0.94%
SGX Nifty at 1905h = +44 points
FII DII = +506 Crores
CHART BASED CONCLUSIONS using 5 Minutes Chart
Nifty opened with a strong gap up of more than 100 points and then kept crawling up throughout the day.
It made a higher high and a higher low.
Nifty ended the day comfortably above 18150.
Nifty low for the day was at 18050 and that is a great statistics to have - all OHLC above 18000.
NIFTY WEIGHT LIFTERS & DRAGGERS
Top 5 Lifters contributed = 103
Top 5 Draggers contributed = 17
Net = +86
POSITIVES
Nifty OHLC was above 18000.
Tata Motors was the key driver for Nifty as it single-handedly contributed 50 points to Nifty.
Reliance soared yet again though it ended below 2700.
Bank Nifty OHLC was also well above 38000.
NEGATIVES
TCS continued to be under pressure.
Bank Nifty ended in green but that was mainly on account of HDFC Bank and Kotak Bank. The rest of the lot looks vulnerable at higher levels.
TRADING RANGE FOR 13-10-21
Nifty = 17900-18000 as the support band and I am not sure about the resistances other than the ATH level.
Bank Nifty = 38000-38200 as the support band and I am not sure about the resistances other than the ATH level.
INSIGHTS / OBSERVATIONS
I do not recall ever seeing Tata Motors rise the way it did today. This was very pleasing to the eyes.
And it was interesting and surprising to see that Maruti was the top loser when its elder sibling Tata Motors making the sector roar.
The ever sleepy M&M & ITC also roared today.
On one side DMart ended the day above 5000 and with a 7%+ rise selling FMCG items and the FMCG giant Hindustan Unilever fell more than 1%!
Is distribution replacing manufacturing?
What do you feel about this?
Thank you, and Happy Money Making!
Umesh
13-10-21
NOTE --
This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
---
TataMotors | Bullish Bat Pattern | Trendline Breakout 👌Investment Purpose ! Monthly Chart Alert !
Fundamentals are good after all its a TATA !!!😅
Reversal Area near Bottom can push the price even more higher Like previous .
1) TATAMOTORS has completed the bullish BAT pattern ( Harmonic Pattern ) .
2) As per the rules , Ratios are very good .
3) Trendline Breakout with volume near support Zone .
4) RSI divergence Strategy Applied here
5) Fibonacci levels for possible Target
6) Stop- Loss Around 23
7) Volumes are Also in Supports / favor
Guys check out the related ideas as well, it will work really well guaranteed !
FOLLOW for more !
LIKE if think is useful !
COMMENT Below your view !
TaTa Motors forming a hammer patternTata motor formed a hammer pattern in weekly time frame on a major support ,which is a very crucial level.
It looks very good buying opportunity with the low of hammer as stop loss.
As tata motor was in a very strong up trend for last few months it is expected that the really may continue after this current correction.
Tata Motors (tatamotors) Falling Wedge Breakout in 2021?Tata Motors (tatamotors) formed a falling wedge pattern breakout on a bigger timeframe (monthly/weekly) candlestick chart. The level to watch is 160 + or 120 -. Any side breakout and stay above/below this shared level, it will move one side.
Thanks,
Breakout Stocks App (Android)
tatamotors deep bullish crabit is respecting bullish harmonic pattern very well . Now it is good time to enter the stock. Target range or we can say potential reversal zone will be 403-421.
It is for investment purpose and not derivatives and time horizon is minimum 6 months. Maintain stop of 284.
good luck
TATAMOTORS looking good for a medium term breakout - LONGTATAMOTORS having spent the last 3 months of market bullishness in consolidation (along with other Auto stocks) looks to be setting up for an uptrend in the coming weeks. Can go long positionally for Targets of 335/340 and 360. Stop Loss would be a closing below 310 on a daily basis.
Disclaimer - I have a position open on TATAMOTORS.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
Target 2 (90%) achieved in Tata Motors. Target 3 is ON...This is follow-up on Tata Motors. Can check link to related ideas.
Target 2 achieved. More than 90%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#tata motor breaking out The stock is breaking out of a previous resistance. Also if broken out of the FIB retracement 61% from top which
Is clear indication of further up move. The momentum and trend indicators are bullish on all timeframes
The entire auto sector also has broken out leaving no doubt on bullishness, however make use of trailing and
Tight stops the cover the risk of this sectorial moves sustaining beyond the festive season.
Could Tata motors be the hottest investment for 2021?Price is moving under the consolidation area for 225 days . It has finalized sub-wave (C) of wave ((4)). If price breaks sub-wave 4 of wave (C) of wave ((4)), it is the beginning signal of Wave ((5)).
We can get the following swing trade targets: 340 - 362 - 415