Simple Trade Setup | TATAMOTORS | 13-09-2021NSE:TATAMOTORS
Observations:
1)On 15 time frame, it had made bullish flag and pole pattern.
Please refer below chart : 15 time frame.
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For POSITIONAL long trade , one can take long position for short term from CMP as far as it is trading above 295 level. Safe long position on sustainable breakout of 305.
SL will be 285 and target will be 330-340.
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Trade Setup for Date 13-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Tatamotorslong
Simple Trade Setup | TATAMOTORS | 08-09-2021NSE:TATAMOTORS
All the levels are still same as per previous setup.
Trade Setup for Date 08-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
TATA MOTORS, When to buy? M1 chart.Tata Motors, subject in the mind of every trader,
If we see the full chart we get an idea of where we can buy it.
The historic Double top on 1 month chart made it fall to 60rs
and the neckline is the only hurdle for current market price.
Once we get a volume break on the neckline ranging rs 300 to 310,
We can go long.
Simple Trade Setup | TATAMOTORS | 07-09-2021NSE:TATAMOTORS
Observations:
1)On daily Time frame we can see that it has been trading in descending channel pattern. And it already made double bottom pattern.
Breakout of this channel on upper side will give a good up move.
Please refer below chart : daily time frame.
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Trade Setup for Date 07-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup| TATAMOTORS | 06-09-2021NSE:TATAMOTORS
Trade Setup for Date 06-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | TATAMOTORS | 03-09-2021NSE:TATAMOTORS
Observations:
1) On Daily Time frame you can see that on 01-09-2021, it has breakout 21DMA and today on 02-09-2021, it just closed above 21DMA. 21DMA is placed near aprox 293.20 level.
Tomorrow if it remains and trade above this range then on breakout of 295 level it will give good bullish up move.
Please refer below chart : Daily time frame.
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For POSITIONAL trade one can take safe long position only on breakout of 300 level. SL will be 285 and Target will be 340 in short/mid term.
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Trade Setup for Date 03-09-2021:
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 | 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 | 27-08-2021 [intraday]NSE:TATAMOTORS
Trade Setup for Date 27-08-2021:
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.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
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.
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.
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.
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.