Tata Motors DVR looks set for gains if it closes above Rs.115 with targets of Rs.185 and Rs.208 in sight. The positional call on this one will become active only above Rs.115 and the targets might come in a few months to a year.
Tata Motor made the Elliott wave on the 4h time frame. The Elliott wave pattern started on the 24th of September 2020. And made the 4 waves, and the fifth wave is remaining. It has to cross 190 - 200 to complete the 5th wave.
The price is currently bound by an ascending channel . Its displaying a very good price action . Very high probability of achieving Target 1 , as it has respected the channel support trend line just above powerful Exponential Moving Average. Confirm the trend first before initiating the trade . I am not hoping for breakout before quarterly results. Trade Wisely...
Price breaks pattern. NIfty auto weekly candle showing support reversal.
Reasons to Trade: 1) BO Resistance acting as Strong Support
Parallel channel breakout. Good volume. Fundamentals- Good Domestic vehicles Nov sale.
The home grown automotive manufacturer from the Tata stable has been the favorite stock of those who followed Sell on Rise strategy. The southward movement in prices got arrested near 60 levels and ever since the stock has been making an effort to capture the lost ground. The recent price movement suggest a consolidation with an upward bias. One can see a...
Look For Buy (Positional/Holding) Why 🤔 :- Weekly Trendline Retest(After Breakout), Previous Dual Daily Support Cross, Previous Breakout Support Zone, Rejection on 200DMA. Buy Zone :- 120-132 SL :- 110 (100 Safe) Target's 👇 1st = 175.20 2nd = 187.50 3rd = 207.50 Keep Your Eyes On Index (Risk Must Be Managed.) Give Me A Thumbs Up...👍 😜Follow For More ✔...
Will it be breakout from the triangle pattern? Let's see. :) Please scroll through my other ideas as well and follow me if you think they interest you. NSE:TATAMOTORS
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I hope you can now see how Tatamotors represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
Keep a watch in the movement and buy only when you see a bullish momentum candle. Logic : 1. It is at the all time support zone . 2. Closing happened with a green candle and a long wick in the downside. 3. It is in oversold zone in RSI (<30). Setup : 1. 15mins Chart Time. 2. Target : 108 (Next resistance) 3. Stoploss : 104 (Little lower than the previous high...
I hope you can now see how Tatamotors represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
1) Price should sustain at least 30 mins to 1Hr above the last trading day high to reach to the 1st target. 2) If the price takes out T1 in 1 Hr & 4 Hr time frame in coming trading days then T2 is the target. 3) Global markets should be positive so that our market can also move up. 4) Several factors matter with multi-confirmation to enter into a trade. So, do...