Tatamotors
Tata Motor DVR at Strong SupportTATAMTRDVR rolled back to the support region after the news of chip shortage and negative EBIT margin. The stock saw rising to the support region after falling further. Any further fall might be an indication to sell. 138 will be a crucial level
Educational purpose only
Tata Motors: Did Charts warn us ahead of the NEWSTata Motors
There was a NEWS today in afternoon with regards to Chip shortage effecting JLR car production and that it might take a toll on profitability for the Company. The NEWS took a heavy toll on Tata Motors instantly.
Now let me go by disclaimer, this is analysis in hindsight which is easier as the outcome is there in front of us now.
Also, I have not traded this set up, nor is this any kind of recommendation now. (although you can check out my other ideas on Tata Motors in the links below).
But the fact is: Technical Analysis gave us warning signals way before the NEWS was out .
If you look at the charts,
- the stock had been trading at the edge of blue line
- 356 -360 as you can see has been a major hurdle for Tata Motors ( marked by red line and red arrow marks)
So, today when the stock came in the zone around 356 levels, the cues were there for those who understand Technical Analysis that the stock is at resistance. The risk was minimum to sell in the zone of 356-360 .
The NEWS came in and once the blue line was taken out, it only helped those who positioned themselves based on this Technical Analysis set up.
If you follow Technical Analysis and if you had an eye on the stock , you would agree that Technical Analysis was again ahead of NEWS in terms of signaling the potential risk above 355 levels
Let me know what you think, in the comment section below
Regards,
Vaibhav Deshpande
tatamotors bullish batexpected movement marked with arrows stock can directly fall too till 316 but may be risky. One can short near 337 for target 320. For both cases long can be good at 320 with strict stop loss of 316.10 , candle must not close below this level never. Even if stock reaches 310 it make huge doji candle with long lower wicks and reverse good luck
note: this is only investment advice not for derivatives
Technical analysis behind todays TATAMOTOR -13% fall👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
Self-explained chart : Just educational purpose
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Tata Motors - Cup & Handle Bullish continuationKey Highlights:
1. Bullish market structure
2. Cup & Handle pattern
3. Lacks volume at the moment
4. Resistance at 357
5. Accumulate on pullbacks
6. Target: 375, 394, 416, 435
7. Aggressive SL: 337, Safer SL: 325
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Daily Time Frame : TATA Motors Cup and HandleAfter years of struggling TATA Motors is coming back to its 2018 price level, please note here and after each point will be resistance, as profit booking might come as people since 2018 who have not averaged it would book profits and exit.
I see an uptrend and good for swing trading purpose.
Price to watch for is Rs.360.
Not an Investment advice. Please trade at your own risk.
Intraday Idea for 2nd July 2021 Script name: TATAMOTORS
Today I made it more clear for you guys and marked the zone from where you should enter into the trade.
Reason: 345 is a major resistance zone for TATAMOTORS and price got rejected from here today. A down ward trend line and price is below 20 MA.
345 to 346 is your Entry zone as marked in the chart. Stop loss would be above 348. RISK TO REWARD is more than 1:1 .
Target would be 340. .
NOTE:
USE 5 MINUTE CHART FOR THIS TRADE.
DO YOUR POSITION SIZING CORRECTLY.
DRAW THE LEVELS IN YOUR CHART AS WELL.
DON'T BECOME GREEDY.
DON'T TRADE IN FOMO IF YOU MISS THE RIGHT ENTRY. THERE WILL BE ANOTHER OPPORTUNITY TOMORROW.
TATA MOTORS Breaking Multi Year Support / ResistanceBuy Tata Motors above 365 and hold it till a target price of 550 - 600.
Do not buy If TATA Motors does not remain in the current Fib Retracement Levels.
Chart is simple enough to understand the strategy. Adjust your SL according to your Risk Management.
This is only from demonsration purposes and invest only after your own research.
TATA MOTORS (DAY)My thoughts on this particular are, This is about to burst because at the resistance the trendline is already tested 4 times and concerning to the support the stock isn't moving below the Breakout line which would be the support line too, resulting in respecting it.
My Target - 357
This is only for Educational Purpose, I myself am a learner
This post contains my thoughts to particular (TATAMOTORS) and will be no responsible for any kind of losses.
TATA STEEL TO STEAL THE SHOW 🔩🔩Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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⚡TATA POWER⚡ Ready for Blast 🔌 ?Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on BAJAJ FINSV , DABUR , TATACHEM , VOLTAS, BAJAJ AUTO , WIPRO , DR REDDY , CUMMINS , HDFC, M&M
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
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TATA CHEM 🧪👨🔬⚗️🔬Heikin ashi trading strategy is used in Daily candles for short, expected to reach lower chord
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on HDFC , HINDUNILEVER, INFOSYS , MOTHERSUMI , DLF , BRITANNIA
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together