Tata motors would go up to 189 first target ..MACD and EMA showing positive possible crossovers
Tata Motors, which has been already week on the back of Brexit and JLR performances has traded along a bearish Price action recently. Apparently we could observe a Bear Flag pattern which suggests a very deep drop in price. According to the pattern the stock is set to fall to 125 and that is a big 25% fall. Noticeable supports are at 160 and 152. (Disclaimer:...
Tatamotors forms Head and shoulder and pattern target is 94.8
LOOKS GOOD ABOVE 170 WITH SUPPORT OF 160 POSITIONAL TRADING BOUNCE CAN BE EXPECTED
IF 159.75 Breaks Buy above 160 Target Upto 161.90 -> 165.20-165.90 With SL of 157.80 ***For Educational Purpose
PLEASE CHEAK MY UPDATED IDEAS COMMENT THANKS WISE YOU SUCCESS
Buy Tata Motor with SL below 160 for Target 178-180. Trading abv mid line of 20 day BB + holding strong in negative narket Note : we have buy position in Counter.
BASED ON OVERBOUGHT AND CROSSOVERS AND STRONG SELL IN INDEX SO PUSH MAY GOOD
Last two candle created a remarkable form. This is not actually high accurate sign for up move. Yet, Investors understand the inside movement of this stock. Suppose to take entry in this stock between 156-157.5, then protective stoploss should be below 152 and first target 168- 171 and next for investors 180-190.
TATA MOTORS, creating head and shoulder pattern has sustained below the neckline and the 20 period EMA below the 90 EMA also supports the bearish move. The chances of the share to touch the 150.35 level is very likely. If we get a daily closing below this level, next achievable target is the low at 130.
I always try to alert the small investors because i am one of the same --------------------------------------------------------------------------------------------------------------------------- THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT...
#TATAMOTORS has Formed H&S on the weekly and daily time frame. 129 and 100 will be possible move.