Stock is correcting into an expanded flat correction. One should go short on cmp or any rise , keeping SL of 512 , look for the target of 467-465
I hope you can now see how Tatamotors represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed...
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...
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...
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 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. ...
EXPLANATION : This is a 2 hour time frame chart of TATAMOTORS . The stock has been in a consolidate for days and has formed symmetrical triangle pattern . If give a strong breakdown and broke its trendline with volumes and has retested the same , I am bearish on this stock . If give a strong breakout and broke its trendline with volumes and has retested the same....
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...
Hi traders, This video link below box will provide you a clear insight on tatamotors for trading. You just see the video and gauge yourself. Yogesh Vats
NSE:TATAMOTORS Observations: 1) On 15min time frame, we can see that on Friday,01-10-2021, it just closed above the upper trendline of parallel channel. If it gets support from this upper trendline then it will be bullish but if it breakdown then it will be bearish and in worst case it can go till the middle trendline of parallel channel. Please refer...
NSE:TATAMOTORS Trade Setup for Date 01-10-2021: 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...
NSE:TATAMOTORS Trade Setup for Date 29-09-2021: 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...
NSE:TATAMOTORS Observations: 1)On Daily Time frame: It has just closed 100DMA. 100DMA is placed at 311.66 level. Good Thing is that it has given breakout of 310 level. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 16-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it...
NSE:TATAMOTORS Observations: 1)On 15 time frame, it had made bullish flag and pole pattern. Please refer below chart : 15 time frame. ------------------------------------- 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...
NSE: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...
NSE: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. ------------------------------------- Trade Setup for Date 07-09-2021: 1)...
NSE: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...
NSE: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...