Tatamotors
Simple Trade Setup | TATAMOTORS| 23-09-2021NSE:TATAMOTORS
Observations:
1) On Daily time frame, It broke 21DMA and closed above it and also closed above 310 level. Also daily volume was just above 21 day average volume.
Please refer below chart : Daily time frame.
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Trade Setup for Date 23-09-2021:
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 respsective level considering how price action works near that level.
TATA MOTORS DVR CHART PATTERNthis stock is ready for breakout. if price will close above 151 then you may buy this stock with sl 147.
Simple Trade Setup | TATAMOTORS| 20-09-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On Daily Time Frame: It faces resistance from 100DMA but closed above 308 level and also took support from 306 level.
If now 305 and 308 levels will work as support and if it maintains above this levels then it will again show the bullish jumP on breakout of 312 level.
Please refer below chart : Daily time frame.
2) On 15min time frame we can now see that it has been trading in parallel channel. In worst condition it will come to test the bottom trendline or level 305 for support and from that if there will be demand then it will bounce back.
But if it fails to get support from there then we can see a fall till 300 level for sure and then more weakness will come on breakdown of 300 level.
Please refer below chart : 15time frame.
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Trade Setup for Date 20-09-2021:
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 respsective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS | 16-09-2021NSE:TATAMOTORS
Observations:
1)On Daily Time frame: It has just closed 100DMA. 100DMA is placed at 311.66 level. Good Thing is that it has given breakout of 310 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 16-09-2021:
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.
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.
tatamototrs price action breakouttatamototrs price action breakout happened. there is high probability for this stock to move to 320/330 range within 1 week. observe the price action channel and see howmany times the stock is respecting this price channel. breakout happened but there may be a retracement after breakout. so one can enter now or waiting for a retracement. swing trgt can be 320/330 range and positional target csn be 400/410 levels. only for eduxational purpose.
TATA MOTORS LONGonly for educational purpose ,,
Tata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra which is part of Tata Group. The company produces passenger cars, trucks, vans, coaches, buses, luxury cars, sports cars, construction equipment and military vehicles.
Tata Motors - ShortTata Motors -
On breach of 280, we can track the stock for a target of 250.
The movement would be slow as we have an unfilled gap on the way.
Ideal way to trade this setup would be by taking -
(1) Bear Put Spread
(2) Shorting OTM Calls
These strategies will avoid premium erosion due to time decay.
If you have cash positions, you can either hedge or exit.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
Simple Trade Setup | TATAMOTORS | 15-09-2021NSE:TATAMOTORS
Observations:
1)On Daily Time Frame: It has already crossed 50DMA level and 305 resistance level. Now it is aiming towards 310 next resistance level and 100DMA, which is places at 311.48 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 15-09-2021:
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.
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.
Tatamotors approching channel breakoutTatamotors approching channel breakout. watch price action cahnnel for breakout. the stok is in bullish trend. stock respeting this channel pattern for 2 weeks. once it break it will give good movement if sector support. only for educationsl purpose. do your analyisis . thankyou.
Simple Trade Setup | TATAMOTORS | 14-09-2021NSE:TATAMOTORS
Trade Setup for Date 14-09-2021:
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.
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.