Simple Trade Setup | TATAMOTORS | 13-08-2021NSE:TATAMOTORS
Finally it managed to close above 305 level.
On Daily time frame it has breakout 21DMA.
Please refer below chart.
If it trades above 307 level then it will be good buy entry.
All the levels and target are mentioned on the chart. I hope it is easy to understand.
Do comment your doubt or suggestion if any.
All the best for tomorrow.
P.S: I don't know there is some error in TradingView as it shows closing price of TATAMOTORS as 295.45. Which is incorrect.
Tatamotorsanalysis
Simple Trade Setup | TATAMOTORS | 12-08-2021NSE:TATAMOTORS
Simple Trade Setup
It is remaining in the range between 305 - 290.
Today, 11-08-2021, it recovered well in 2nd half session.
Hope Chart and levels mentioned are easy to understand.
Safe buy trade will be only above breakout of 300 level. Safe short will be below 295 level.
If it opens gap up between 295-300 then either side of breakout will be an entry for sell or buy trade. But a 15min candle should break this level and next candle should give sign of the following buy or sell in the price action. But if it faces support from 295 then it will be entry for buy trade and if it faces resistance from 300 level then it will be entry for sell trade. In this 295-300 range trade will be quick.
If it opens gap down below 295 and then it went up and breakout 295 level then it will be also an entry for buy trade. But if it faces resistance from 295 then it will be entry for short trade.
If it opens above 300 level then let it go down and take support from 300 level and then it will be buy trade once it takes support from 300 level. And it it breaks the trendline above then it will be also an entry point for buy trade.
Hope I made it easy to understand.
Do comment your doubt or suggestion.
All the best.
Simple Trade Setup | TATAMOTORS | 10-08-2021NSE:TATAMOTORS
Simple trade setup for TATAMOTORS.
Chart and levels are easy to understand.
It has been taking resistance from the trendline. If it breaks the trendline then we can see upmove.
But it looks a bit weak after today's trading session.
Anyway let's see how price action works tomorrow on 10-08-2021.
Do comment your doubt or suggestion.
Simple Trade Setup | TATAMOTORS | 04-08-2021NSE:TATAMOTORS
Today it break 300 level and closed above it, with good bullish sign.
A safe fresh Buy Trade can be given once it break 305 level and trade above it for few minutes.
Also one can take Buy trade if it takes support from 300-304 range.
Levels are mentioned on the chart.
Do comment your doubt or suggestion.
My personal view is bullish.
SIMPLE INTRADAY SETUP |02-08-2021| TATAMOTORSNSE:TATAMOTORS
Simple intrday setup for TATAMOTORS for 02-08-2021.
Keep booking your profit instead of waiting for big move. It will be better to get profit on the moves and then re-enter in the trade at the level w.r.t price action.
My personal view is that breakout above 300 level will give good up move.
Do comment if you have any doubt or suggestion.
TATAMOTORS || Simple Intraday Trade Setup for 29-07-2021NSE:TATAMOTORS
TATAMOTORS levels are following FIBONACCI level.
All these levels will work as entry, target, support and resistance on either side.
Red Down mark arrow suggest entry for Sell side and Green up mark arrow suggest entry for buy side trade.
For Example, if it breaks down 284 level then it will be a sell trade and target will be blue line marked below on the chart. And if takes support from 284 then there will be buy trade and target will be blue line marked above it on chart. And further if it breaks 286 then this will be again entry point for buy trade.
I am giving small targets considering current situation in TATAMOTORS and also for quick trade and profit booking.
TATA MOTORS | TRADE SETUP 28-07-2021NSE:TATAMOTORS
TATAMOTORS has been forming RSI bullish divergence. It is making lower lows in price action while RSI is making higher lows.
Things to remember.
Since, this RSI bullish divergence is not yet confirmed so better to trade at pre-decided levels only.
Tomorrow if this will be the bullish divergence then there will be a bear trap in the initial 15-20 minutes. In which the stock will go down quickly and then suddenly it will go up. At this moment better to keep an eye on RSI. If RSI makes the low and if it is higher than the previous low then there will be scenario of up trend.
And only enter in buy trade at pre-decided levels.
Otherwise it will give good opportunity to sell below 290 range.
And if you want to trade in option then better to trade in Aug month option.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
TATA MOTOR | WHAT NEXT ?NSE:TATAMOTORS
TATAMOTORS has been in very much bearish trend since last few days. And in this month it has fallen nearly 13%.
I am preparing this on 1hour timeframe for clear understanding. And this for positional trader.
On 23-07-2021, it has broken that orange trendline and closed near 295 level. This is very critical level and 295.50 is Fibonacci level and also it is at that black trendline.
If you see previously it has taken support from this trendline earlier.
1) Now in upcoming trading sessions, if it fails to take support from this level then we can see downtrend. First support/level will be 290 and if it breaks it then we can see levels till 280-281 in TATAMOTORS.
2) And if it gets support from this level then we can see change in trend for TATAMOTORS. But the good short term entry can be taken only if closes/trade above 305 level. But it it goes up and faces resistance at 305 level then don't enter and waste your time and stuck your money in it.
3) For the safe trader if looking for buy trade then it is safe to take buy/long trade above 318 for good upward movement in short term.
comment below if my trading ideas are helping you to understand levels and price action.
do comment if you have any doubt or suggestions.
Have a good weekend.
TATA MOTORS Analysis (May 21)TATA MOTORS is currently in Stealth Mode
Major Collapse has Happened at May 19.
The Result of Major Collapse had Showcased the Power Today(May 20)
Institutional Investors or Brokers Entered the Market Again (May 19).
The Results of these players entering had caused a Sleek Edged Bearish Candle.
The Bearish Candle Today had opened to the nearest possible up from the Past Candle.
The Volume Generated by these Big Players had stunned the market today.
Due to this Reason the Market is Expected to Be Bullish Again.(May 21)
Shorting would be Great.
Expect a Take Profit below RS:5 or RS:9 from the Day Open Price
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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)
Check My Latest Post about Indicators to use for Intraday, which will help you to trade with ease.
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TATA MOTORS INTRADAYTata Motors is trading in a very narrow range and we expect a breakout soon on 15 mins chart.
A short position below 302 for a small target of 298 from where it is expected to rebound.
If we see a bullish breakout then we can buy for a target of 315 followed by 323.
Ultimately the momentum is still bullish and just we need to wait for a right entry level.
All the cases have been market on the chart.
Buy opportunity at TATAMOTORSNSE:TATAMOTORS
Looks like a great opportunity to go long for TATAMOTORS.
TATAMOTORS formed Inverted Head and shoulder pattern and It broke the previous resistance zone (309-311)
Now look for the retest and make an entry (also consider the volume spike at the point of retest)
If so, make entry ONLY ABOVE 315 - 316 range and Go Long
target 1 : 325
target 2 : 333
target 3 : 345
(TIMEFRAME : 15 Minutes / SHORT TERM )
DISCLAIMER: The information I provided are only for "Educational and research purpose". THIS IS NOT THE BUY CALL.
DO YOUR OWN RESEARCH before entering any position. Trade sensibly! Happy Trading
🚗 #Tatamotors #tatamotor #tatamot #nifty #nifty50 #banknifty NSE:TATAMOTORS
short only if find reversal at current PRZ level.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TatamotorsBuy on Dips / CMP is 304
The breakout is clear and the uptrend since 7th Jan 21 continues.
I say buy on dips because this sudden and sharp uptrend might lead to a correction upto 250 levels.
The risk level is high but so is the reward. Checking the daily charts (resistance not available on hourly charts), the first resistance is at 360 levels followed by 410 levels.
Tata motors has been in a downtrend since Sept 16 and didn't show a reversal until April 20 but the prices have been crawling upwards since then.
Trading strategy says that we should follow the trend and what's better than a Tata script?