Support 50 EMA and crossing 20 EMA upside and breaks level with good volume before 3 time tasted same levels you can observe in chart what i am talking about
If the price retraces back to 310.20, look for bearish price action and take a short till 306.55. Stop loss: 310.65, Target: 306.55; Risk to Reward- 1:8. Only if it pullsback.
Disclaimer: Don't risk too much of your hard earned money.
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)...
A MACD Crossover with RSI strengthening and the candle staying above the support is also above 50 and 200 day EMA. purely on technical basis.
can be risky as market is ATH and can go either way. Do your own research.
Tata motors broke the longer time frame trend line and is following a bullish chanel . If all goes well it will touch 350 by month end .
Happy Trading ;)
NSE: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...
As said in my previous idea the trade is active for upside ,Now this pattern is cypher and according to this target range is 336-342 good luck
Note: once price closes above 315, magnetic mode will be activated and stock will take much less time to complete the journey at D.
tatamototrs 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...
only 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 -
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...
NSE: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...
![TATAMOTORS: Simple Trade Setup | TATAMOTORS| 20-09-2021 [INTRADAY]](https://s3.tradingview.com/y/y1YQTzv3_mid.png "Simple Trade Setup | TATAMOTORS| 20-09-2021 [INTRADAY]")
