Tata Motors trading in a channel and facing resistance near upper line of the channel. Sell trade can be initiated @ 730 - 740 with SL above 760 for the targets of 680 & 650.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Good News for Tata Motors Sales Rises in All Segments
TATA MOTORS Up 8% in a Day Candle Keep Eyes on Stock
Breakout Level on Weekly Chart - 455 - 460
Target After Breakout - 527 - 536
Stoploss - If Any Weekly Candle Closes Below 450
The FASP for Tata Motors is listed for 04-1-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot...
Tata Motors is trading on a Support Zone as mentioned on the chart.
There are Two Support Zones has drawn on the chart with buying levels & their targets.
SHORT TRADE will be only create when a Candle break and close Below the Support Zone 1.
there is remained less room for down movement, can reverse from Support 1 or Support 2.
All study is based on Harmonic...
Long Opportunity -
Tata Motors is preparing for a big rally and it will soon have an upside movement in the market. For intraday we can go for long it crosses 435 levels then we can go for a big target of Rs. 446. It has retraced the support level of Rs. 427 but unable to break it, so this is the sign that it is preparing to show a big move, also in upcoming...
Long Opportunity -
Tata Motors has declared the Investment in Electric vehicles and as we have seen there was a positive impact on the last trading day. This positive impact may continue on the next trading day if it so it will give a target of Rs. 5 from the last trading day high. There is another Rs.10 target for short-term holders.
Happy Trading!
NSE:TATAMOTORS
Observations:
1) On 1 day time frame, it closed just above the upper trendline of the support channel as well as above 500 level. 500 is a support at this time. If it sustain above it then we can see an up move.
Breakdown of it, can lead fall to the middle trendline of the channel and even in worst case the bottom trendline of the channel.
...
NSE:TATAMOTORS
Observations:
1) On 1 day time frame, it closed just above 50DMA.
50DMA is placed at 488.63 level.
Please refer below chart : 1day Time Frame.
2) On 1 hr time frame, it is in the channel.
if it gives breakdown of this channel on 1 hr time then we can see down fall to continue.
Please refer below chart : 1hr Time Frame. ...
NSE:TATAMOTORS
Trade Setup for Date: 27-12-2021
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...
NSE:TATAMOTORS
Trade Setup for Date: 20-12-2021
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...
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...
![TATAMOTORS: Simple Trade Setup | TATAMOTORS | 07-02-2022 [INTRADAY]](https://s3.tradingview.com/p/PwVM8FjV_mid.png "Simple Trade Setup | TATAMOTORS | 07-02-2022 [INTRADAY]")
![TATAMOTORS: Simple Trade Setup | TATAMOTORS | 27-01-2022 [INTRADAY]](https://s3.tradingview.com/s/sTOCh3If_mid.png "Simple Trade Setup | TATAMOTORS | 27-01-2022 [INTRADAY]")
![TATAMOTORS: Simple Trade Setup | TATAMOTORS | 27-12-2021 [ INTRADAY ]](https://s3.tradingview.com/k/kNP7prMT_mid.png "Simple Trade Setup | TATAMOTORS | 27-12-2021 [ INTRADAY ]")
![TATAMOTORS: Simple Trade Setup | TATAMOTORS | 20-12-2021 [ INTRADAY ]](https://s3.tradingview.com/l/LYUzDxhF_mid.png "Simple Trade Setup | TATAMOTORS | 20-12-2021 [ INTRADAY ]")
