NSE:TATAMOTORS Trading @ resistanceNSE:TATAMOTORS
#NSE:TATAMOTORS trading @ resistance with good volumes, BO confirmation may give good positive momentum,
Post confirmation may try 480 CE
Tatamotorslong
Tata Motors (Tatamotors) : Driving in to the future...Last week, Tata Motors violated the 20 day EMA. Today, after breaching the 50 day EMA, the stock price rebounded and closed the day above it.
As per the chart structure, 451 at 50 day EMA and 434 at Fibonacci level can act as a good support and rebound zone.
Support at around 100 day EMA and Fibonacci retracement level around 402 if it breaks 434 level.
Aggressive investors can initiate position around the 50 day EMA on rebound or else wait for the stock price to break out above 537.
I am bullish on Tata Motors on a longer time zone and am have positions and hence my views could be biased. Please do your own research as this is just an analysis and not an advisory for buy and sell.
TATA MOTORS BUY at Current LevelsTATAMOTORS has shown a great retracement from its recent highs of 530+. In fibonacci levels, we can clearly see how the stock took support at78.6% levels. Its currently hovering around and has not broken down this level. A long call can be taken here, for targets up to 510. ALSO THIS LONG VIEW IS SUPPORTED BY THE PARALLEL CHANNEL THAT THE STOCK HAS FORMED ON DAILY CHARTS. I AM BULLISH AT CURRENT PRICES WITH SL BELOW 470.
** I am not Sebi registered. Kindly consult advisor before taking trade.**
Simple Trade Setup | TATAMOTOR |24-11-2021 [ INTRADAY]NSE:TATAMOTORS
Observations:
1) On 1day time frame, yesterday it closed below 21DMA and today it faces resistance from 21DMA.
21DMA is now immediate resistance zone.
21DMA is placed at 498.50 level.
So level range 498-500 will work as resistance.
Please refer below chart : 1 day Time Frame.
IF it failed to sustain above this then we can see a down move.
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Most of the levels and trade setup remains same.
Trade Setup for Date: 24-11-2021
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 respective level considering how price action works near that level.
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%)
Breakout at resistance !Once it gives a breakout at resistance with high volume bar one can surely enter, also one can wait for the confirmation candle.
If price gets rejected then wait.
HAPPY TRADING !
NSE:TATAMOTORS
NSE:TATAMOTORS trading @ SupportNSE:TATAMOTORS
#TATAMOTORS trading @ support and trying to bounce from the level.
Post confirmation may try 500 CE
Happy trading !!
Simple Trade Setup | TATAMOTORS | 12-11-2021 [ INTRADAY]NSE:TATAMOTORS
Trade Setup for Date 12-11-2021:
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 respective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS | 03-11-2021 [ INTRADAY]NSE:TATAMOTORS
All the levels and trade setup remains same as per previous trade setup.
Trade Setup for Date 03-11-2021:
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 respective level considering how price action works near that level.
Simple Trade Setup|TATAMOTORS|02-11-2021[INTRADAY & POSITIONAL]NSE:TATAMOTORS
Observations:
1) On daily time frame, we can see it has been trading between 10DMA and 21 DMA since last 3 days.
10DMA is immediate resistance which is placed at 490.46 level range.
21DMA is placed at 446.24, which will work as majort support level.
Also last two candles are having very small body. And longer lower wick.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, we can see that it is making almost flat lows and trading in decending triangle pattern.
Immediate Major support range is 470-480 level. Breakdown of this 470-480 level range will give bearish move.
Immediate major resistance is at 505 level.
Sustainable breakout of 505 level will make it again bullish.
Please refer below chart : 1hr Time Frame.
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For Positional Trade
Sustainable breakout of 505 level will be safe good entry point for short-mid term buy/long trade.
With SL of 495 and Target of 542-555-560.
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Trade Setup for Date 02-11-2021:
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 respective level considering how price action works near that level.
NSE:TATAMOTORS trading @ SupportNSE:TATAMOTORS
#TATAMOTORS trading @ new Support 480 levels.
Sustained and maintaining above this level.
High chances to bounce, Post confirmation may try 480 CE
Breaking the level may get nearest support 470, post breaking the level may try 480 PE.
Happy Trading !!
Tata Motors Buy or Sell ? (Intraday)Tata Motors is currently taking support from a trend line, it could now take support and go bullish or break the trendline and give a bearish momentum , both of these scenarios are possible. We have to plan our trade according to the movement of the price and looking at the price action. If it goes sideways we have to wait for a proper entry.
Tata motors DVR long term#tatamotorsDVR
Tata motor DVR
Will be great addition to long term portfolio between 220-230 range.
That's a fib level support as well.
SL should be kept at 180 on WCB.
I prefer DVR over TAMO share as have never used voting rights and not planning to use it.
So why not get some extra dividend.😁
Info: big bull Mr. RJ increased his stake recently in this.
This stock will require patience to give money.
#VR
Simple Trade Setup | TATAMOTORS | 25-10-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On 15min time, we can see symetrical triangle pattern. And it closed near to the support line of the triangle pattern. If it breaksdown the support (bottom) line then it will be bearish. But if it takes the support and then breakout resistance (upper) line then it will be bullish.
Please refer below chart : 1day Time Frame.
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All the levels and most of the trade setup still remains the same as per previous.
Trade Setup for Date 25-10-2021:
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 respective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS | 22-10-2021 [ INTRADAY]NSE:TATAMOTORS
Observations:
1) On daily time, it made kind of a rising star pattern.
Only negative thing is that it is still far from short term DMA which is 10DMA. Also the gap is still open.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 22-10-2021:
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 respective level considering how price action works near that level.
TATA MOTORS
Already explained all the thing what we need to know about Tata Motors in this picture. If price full fill the gap i.e. price close below the gap then if you've any existing position kindly square off, otherwise you may put stop loss order here at the price of 435, what I have also done in this stock. Otherwise market will touch the resistance line of 603, and book profit of half your holding.
Simple Trade Setup | TATAMOTORS | 21-10-2021 [ INTRADAY]NSE:TATAMOTORS
Be very cautious if you are taking trade in TATAMOTORS.
I recommend that better to take trade only for safe side level and save your capital.
Trade Setup for Date 21-10-2021:
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 respective level considering how price action works near that level.
TaTa Motors forming a hammer patternTata motor formed a hammer pattern in weekly time frame on a major support ,which is a very crucial level.
It looks very good buying opportunity with the low of hammer as stop loss.
As tata motor was in a very strong up trend for last few months it is expected that the really may continue after this current correction.
Simple Trade Setup | TATAMOTORS | 11-10-2021[ INTRADAY]NSE:TATAMOTORS
Trade Setup for Date 11-10-2021:
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.
TATAMOTORS level and stop for investmenttata motors has given breakout with strong momentum and volume.
levels shown are important. it can test these level before going further high, i would recommend taking a small long position here at 5% of quantity which you would otherwise buy and averaging at given levels.
stop - around 323
TATAMOTORSTata Motors share price today climbed to its new 52-week high of ₹368.40 apiece and became second most Nifty-50 gainer today in early morning trade session. The Tata group stock, which is a Rakesh Jhunjhunwala portfolio stock too, opened today with an upside gap of 5.05 per share and went on climb its 52-week new high logging around 9 per cent rise from its yesterday's close at NSE. However, stock market experts are still bullish on the counter and expecting further upside in this auto stock.
Simple Trade Setup | TATAMOTORS | 08-10-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On 1 day time frame, we can see that it gave strong breakout of 360 level today, 07-10-2021.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 08-10-2021:
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.
