Sideways - Tata motors have shown us a depth and it also recovered from that depth, so it is expected that now is the timing for the sideways market. As there is an uptrend, a downtrend we also have to consider a sideways trend too. There might be chances that in the first 15 min candle may show a big move and later it will go sideway.
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.
NSE:TATAMOTORS Trade Setup for Date 30-09-2021: 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...
Tata Motors made some small correction after results posted, still it good buy as it moving 100 days SMA & bullish signal. initial target 110/- with short term final target 120.
TATA MOTORS - is a Tata group flagship company which has investors sitting on heavy notional losses fundamentaly the company is on right path with Investments into EV, new launches & divestment of JLR May 2004 - low of 59.35 - marked with Flag July 2004 - low of 62.95 - marked with Flag May 2009 - low of 48.80 - marked with Flag July 2009 - low of 50.30 - marked...