Bullish Breakout in Tata MotorsA bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:TATAMOTORS
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Tatamotorsdvrpricetrendanalysis
Tata Motors Short Term TargetsThe FASP for Tata Motors is listed for 04-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors has formed a double bottom pattern, that indicates an upside move. Bur, it is near the psychological number of 450, If it crosses this number then it will show a big upside move. The 1st target for intraday will be Rs. 2.50 above the psychological number and the second target will be Rs. 4.15 above the same level.
Happy Trading!
Tata Motors - Long OpportunityLong Opportunity -
Tata Motors has covered in a half-day on the last trading day and gives a bullish sign. Now the level of Rs. 441.50 to 443.65 is crucial,, if it breaks this level then there will be a long target we can expect. This can be a huge recovery rally we can consider.
TVS MOTORS - Short OpportunityShort Opportunity -
There is a lot of influence of an international market on the Indian stock market. So, it is expected to go down. As you can see the stock moved down by 7% in a single day. It had the strong support of Rs. 457.30 since November 2021. On day timeframe there is peanut formed, but TATA MOTORS crossed this pattern from downside, which was the strong support & this stock closes below this level.
As the VWAP is a downside and the MA headed to the downside it is indicating that there is more bearish movement expected.
There might be a gap-down opening expected. If not, then wait for the first candle to close and then entered.
If this stock opens between the gap which has maintained on previs trading day, then wait to identify market move and only then enter.
Tata Motor - Long OpportunityLong Opportunity -
Tata Motors has formed a *W* pattern on the trend line, and the neckline of this pattern is completed on a level of Rs. 480.95 which is the resistance according to the level of 0.618 of the fib retracement tool. If this stock of any candle closes above this level, then we can expect a bullish move. The CCI is near 0 levels, we have to wait till it turns to a plus level.
This stock has the strong support of Rs. 477.60, If it crosses this level we can go for short. The CPR is narrow and expecting a big move.
Tata Motors Ltd. Sector: Auto - LCVs & HCVsTata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.
CMP: 509
TARGET: 566 and Above.
Reason: Breakout neckline of w pattern now we get good rally in Tata motors. for long-term its good stock to target 600 , Many Eco project work in process.
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TataMotors Long Check Bull vs Bear power - (chart)
Since green candle on 13th oct , there have been total of 15 trading sessions but no candle is able to wipe gains.
This shows there is very less supply related to stock
Target - Till Daily RSI violates support of 60 (Will ride with trend)
Stoploss - Daily RSI breaks support of 60 or bottom of 13th october candle(approx -5%)
Levels for - 25 Oct 2021EXPLANATION : This is a 2 hour time frame chart of TATAMOTORS . The stock has been in a consolidate for days and has formed symmetrical triangle pattern . If give a strong breakdown and broke its trendline with volumes and has retested the same , I am bearish on this stock . If give a strong breakout and broke its trendline with volumes and has retested the same. I am bullish on this stock . Enter as per your setup .
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend .
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TATA MOTORS DVR CHART PATTERNthis stock is ready for breakout. if price will close above 151 then you may buy this stock with sl 147.
Simple Trade Setup | TATAMOTORS| 20-09-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On Daily Time Frame: It faces resistance from 100DMA but closed above 308 level and also took support from 306 level.
If now 305 and 308 levels will work as support and if it maintains above this levels then it will again show the bullish jumP on breakout of 312 level.
Please refer below chart : Daily time frame.
2) On 15min time frame we can now see that it has been trading in parallel channel. In worst condition it will come to test the bottom trendline or level 305 for support and from that if there will be demand then it will bounce back.
But if it fails to get support from there then we can see a fall till 300 level for sure and then more weakness will come on breakdown of 300 level.
Please refer below chart : 15time frame.
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Trade Setup for Date 20-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
TATA MOTORS LONGonly for educational purpose ,,
Tata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra which is part of Tata Group. The company produces passenger cars, trucks, vans, coaches, buses, luxury cars, sports cars, construction equipment and military vehicles.
Simple Trade Setup| TATAMOTORS | 02-09-2021NSE:TATAMOTORS
Observations:
1) On Daily time frame it has taken reversal and support from 200DMA. And today it closed above 21DMA as well as 295 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
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.
TATA MOTORS || SIMPLE INTRADAY TRADE SETUP FOR 30-07-2021NSE:TATAMOTORS
Today, it has broken the trenline with gap up and sustain above it.
And it is moving good in range for intraday easy trade on either side.
All the levels are marked with line on the charts.
Judge the price action and take trade from any level on either side (sell or buy).
From my point of view it looks bullish now.
Do comment if you have any doubt or suggestion. I will try to respond ASAP.
Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.
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 - 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.
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Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.