On daily time frame a morning star with volume confirmation is being formed. On Fibonacci levels resistance are 410, 421 and 431. Just look for a bullish trade setup in this stock.
Long Opportunity - Tata Motors has confirmed the uptrend on the Day chart timeframe, as it has formed a morning star pattern. So a bullish move is expected in this stock. On Thursday it might fill the gap of 07 March, so we can expect the target of Rs. 415.20.
Long Opportunity - Tata Motors has closed on the positive side, though there was a big fall have been seen on the last trading day. It has felt the gap that was there from October 2021, & it is showing some positive sentiments and might be preparing itself to go long. This stock may consolidate between Rs. 394.40 to 401.60 and then may show a big move. On day...
Short Opportunity- Tata Motors sustain at a level of Rs. 389.30, there is minor support at this level. This stock will either retest this level or it may open below this level. If any candle closes below this level, then we can initiate short selling for the target of Rs. 380.30
Short Opportunity- Tata Motors was in the sideways zone on the daily chart timeframe, and on Saturday (4 March) it has break the sideways support zone at the downside. So, it is expected that this stock will show bearish movement on Monday. The candle which closes below Rs. 414.80 then there will be an entry chance for short selling. The first target will be...
high : 17/11/2021 : 536.70 low : 24/08/2021 : 268.45 75 % : 469.63 50% : 402.57 25% : 335.51
Short Opportunity - Tata Motors has formed a flag pattern on the daily chart, & it has broken the flag level at the downside and also retraced at the flag line. So it is supposed to go down. If this stock closes below the level of Rs. 434.85, then we can go for short, and it may show the level of Rs. 410.10.
Long Opportunity - TATA MOTORS has made the flag pattern on the daily timeframe chart & it has the strong support of Rs. 456.80. On 25th Feb the candle closed above this support zone, so it is expected to go up. In 15 min timeframe, today's candles took the support of 0.382 levels of fib retracement & then go up. the 0.382 level is the same as the support level...
Short Opportunity - There is a lot of influence of an international market on the Indian stock market. So, it is expected to go down. As you can see the stock moved down by 7% in a single day. It had the strong support of Rs. 457.30 since November 2021. On day timeframe there is peanut formed, but TATA MOTORS crossed this pattern from downside, which was the...
Long Opportunity - Tata Motors has formed a *W* pattern on the trend line, and the neckline of this pattern is completed on a level of Rs. 480.95 which is the resistance according to the level of 0.618 of the fib retracement tool. If this stock of any candle closes above this level, then we can expect a bullish move. The CCI is near 0 levels, we have to wait till...
Short opportunity - Tata Motor has formed a double top pattern and it has already crossed the neckline. Double top indicates that it will be a bearish trend in a particular stop. We have also confirmed this pattern with the RSI indicator. CCI is also near -100 and CPR is narrow. If these things confirm with 15m first candle then we can take entry at neckline i.e....
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. ...
Tata Motors is forming inverted head and shoulder pattern on hourly chart. Short term and long term view is positive. Entry can be taken only when it retrace back to the neckline and sustains or above the breakout line. All the level are mentioned on the chart. Disclaimer: All the levels are for educational purpose.
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. ...
Tata Motors Ltd is India`s largest automobile company. They are the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. CMP: 509 TARGET: 566 and Above. Reason: Breakout neckline of w pattern now we get good rally in Tata motors. for long-term...
NSE:TATAMOTORS All the levels and most of trade setup is still same as per previous. Trade Setup for 11-01-2022 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,...
NSE:TATAMOTORS This setup will be applicable for this week. Giving only safe levels to trade. Trade Setup for Date: 04-01-2022 & 05-01-2022 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...
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...