Tata motors has given a good breakout from a trendline.
A 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.
TRIANGLE 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.
Tata motors trading in the range. Now trying to break it. Good for intraday as well a s swing if crossed 316
Keep an eye on TATA MOTORS, If it sustains this support level(280-290), then it may go up till @ 357 (Target 1), 408 (Target 2) and 438 (Target 3). Entry = 310 Stop Loss = 240 NSE:TATAMOTORS
Tata Motors seems broke out from triangle pattern
TATAMOTORS CHART SHOWING BULLISH PATTERN ON DAILY TIME FRAME BREAKOUT ON UPPER SIDE WILL GIVE YOU SHORT TERM TARGETS OF 350 AND LONG TERM TARGETS OF 400. IF GIVES BREAKDOWN NOT INTRESTED TO SHORT.BUYING ON RETRACE IS PREFERED AS YOU CAN HOLD WITH SMALL SL. GOOD BUY IF CLOSES DAILY CANDEL ABOVE 310. PLEASE LET ME KNOW THE ANALYSIS IN COMMENT BOX AND FOLLOW ME FOR...
Tata Motors continues to look bearish and should get even more bearish going forward. Tata Motors price action has touched the upper channel and started retreating and appears to have just completed its fifth leg in a triangle. The prices should decline briskly in coming days. I would expect the prices should drop as low to Rs.263 in coming weeks and find a bottom...
Stock has made a falling wedge on Daily Time frame. Looks good for swing if crosses above 302.50 with targets of 310, 315 and 325 in coming days with SL of 284.
TATA MOTORS About give breakout
NSE:TATAMOTORS Only for Educational purposes
ready to break but it can take time
tata motor is forming triangular pattern if it break above we may see next rally if it doesn't it may see some downward move.
Tata Motors has formed a Falling Wedge pattern after a long rally. if support is tested with good volumes then we can long with minimum 3:1 RR. investment at your risk.
Sell on rise around 294-296 sl 310 target 255-240 Disc : it's not an investment advice to buy or sell
Buy on a Trendline breakout. SL below the support zone. Happy Trading :")
Tata motors : Triangle pattern Bo Above 305 Target- 330, 360 SL- 280 For Educational purpose