TATA MOTORS (May 20)TATA MOTORS ANALYSIS
Tata Motors is currently Losing Momentum
ADX Reading Below 25.
The Indicator which i have developed shows a (+ve) reading.
Expected Green Light tomorrow.(May 20)
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Tatamotors
TATA MOTORS: RECOVERY ON TRACK Tata Motor is back in the game.
Balance sheet is improving, Sales figures are smashing records every month ,Tata Motor have vision to be debt free before 3 yrs.
Tata Motors Group is a leading global automobile manufacturer, It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. Both Tata Motors and JLR are working towards their electrification journey. Today, Tata Motors is the leader in the EV segment in India with its automobiles Tigor EV and Nexon EV.
Technicals:
1) MACD ABOVE SIGNAL & CENTER.
2) RSI IS MID-RANGE.
3) BULLISH CUP & HANDLE PATTERN.
4) PRICE ABOVE 30 DAY SMA.
5) RSI INDICATING PRICE STRENGTH.
Fundamentals:
1) STOCK WITH LOW (PE <=10)
2) STRONG BALANCE SHEET.
3) EXCELLENT CORPORATE GOVERNANCE.
4) MOODY'S INVESTORS SERVICE HAS CHANGED THE OUTLOOK ON TAMO TO STABLE FROM NEGATIVE.
5) LARGEST PLAYER TO RIDE THE EV BOOM.
CMP: 332
TARGET: 500
Disclaimer:
I'm a beginner and not an expert , my views on TAMO are for educational purposes only, I advise you to consult your financial planner before making any investment.
Tata Motors - Positional TradeTata motors have broken its Triangle pattern and started moving upwards. It shows decent increase in volume that may take the prices higher to 350 & 380 levels. At 350, it will face some resistance. We can continue the long position , if it breaks 356.
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Tata Motors DVR is a must BUYTata Motors DVR has been one of my top picks and I have discussed this stock before and I have been holding it for sometime now. It has again broken out of its range and further targets are marked on the chart. I expect 200+ soon in this counter. The recent price hike and sales data all point towards a massive recovery in Tata Motors, however, I still cannot ask anyone to invest in it and forget about it for the long term. For that one needs to track the situation at JLR.
TATA MOTORSAfter making a lifetime high of 357, the stock traded within the range of 357 to 284(acting as a strong support for the stock. Finally after 2 months the stock showed a breakout and gave a buying signal around 290 and made a high of 321 today giving a good upward trend.
The upward targets for the stock are as shown with the green markers 324, 330, 334, 340 and a long target would be 350.
If the stock manages to break the 52 week high then we can see more upward movement.
Amidst auto sector showing a decline in sales, the trust of TATA has shown a good move in the market. If the stock shows a downward movement then wait for the support to be taken.
You can always do back testings on Day/Week/5min charts as per your experience and track the stock results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
Tata Motors : Is Correction Over ?Correction seems to be over in Tata Motors, as price has finally broken out from it's downward sloping trend line. RSI is looking to support the up move now.
Stock can show as an upmove till 338 - 340.
View gets negated if it falls below 308 on DCB.
View is for Education purpose only.
TATA COFFEE "Breakout from range"Technicals:-
Tata Coffee has given a Breakout from a very tight range,
and it is also supported by volumes.
Fundamentals :-
Stock P/E stands at- 17
Cash flow in the company is good
After the corona crash the company has made a good recovery.
Q3 PAT is 32 VS 25 So we see the recovery.
Tata Motors - Go Short Now Elliot Correction Waves StartingA beautiful elliot wave is formed on 30 mins timeframe. Clearly shows that the Wave 5 was the breakout and now Tat Motor will enter wave A and correction can be seen till 298-296 levels . Intraday Traders and Swing Traders can go short now.
This is my personal view , not a suggestion.
MY ANALYSIS ON TATA MOTORSTRIANGLE PATTERN BREAKOUT IN DAILY TIMEFRAME.
TARGET 1 IS 325 AS THIS STOCK TOUCHED 325 FEW WEEKS BACK AND GAVE A CORRECTIVE PRICE TILL 280, SINCE NOW IT HAS BROKEN THE TRIANGLE PATTERN IN DAILY TIME FRAME YOU CAN EASILY SET A TARGET OF 325 IN FEW DAYS, AND 350 IN FEW WEEKS.