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Tatamotorslong

Tata Motors - Long OpportunityLong Opportunity - Tata Motors has moved upperside last Tuesday, so there were chances that this stock will either hold a position in this range or may come down. So, on Wednesday it slightly come down and went sideways. The stock has closed at the level where it has opened on Monday. If it opens a gap up or flat there might be chances that this will go up. If it crosses the level of Rs. 436.40 then this will give a target of Rs. 447.00. Happy Trading!
NSE:TATAMOTORSLong
by sayenpure
Tata Motors - Long OpportunityLong Opportunity - Tata Motors has closed on the positive side, though there was a big fall have been seen on the last trading day. It has felt the gap that was there from October 2021, & it is showing some positive sentiments and might be preparing itself to go long. This stock may consolidate between Rs. 394.40 to 401.60 and then may show a big move. On day chart timeframe it has formed Hammer, which is the trend reversal pattern. We can go for a long, target of Rs. 415.40.
NSE:TATAMOTORSLong
by sayenpure
Tata Motor - Long OpportunityLong Opportunity - TATA MOTORS has made the flag pattern on the daily timeframe chart & it has the strong support of Rs. 456.80. On 25th Feb the candle closed above this support zone, so it is expected to go up. In 15 min timeframe, today's candles took the support of 0.382 levels of fib retracement & then go up. the 0.382 level is the same as the support level of the flag i.e. 456.80. The CPR is upperside & it is expected to go up. But if there will any bad news happens in the international market, then we have to take the move of safer side.
NSE:TATAMOTORSLong
by sayenpure
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.
NSE:TATAMOTORSLong
by sayenpure