Swing Setup EXPLANATION : This is a 4 hour time frame chart of TATAMOTORS . The stock has been in a downtrend for days and has formed an Inverted head & shoulders pattern // Swing pattern . The stock gave a strong breakout and broke its supply zone with volumes and has retest the same , I am bullish on TATAMOTORS . I am expecting a target of more then 10 % here .
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Tatamotorstrendanalysis
Simple Trade Setup | TATAMOTORS | 24-09-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On Daily time frame, ealier it took support and reverse from 21 DMA and today it broke 100 DMA.
21DMA is placed at 298.85 and 100DMA is placed at 312.26 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 24-09-2021:
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 gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS| 23-09-2021NSE:TATAMOTORS
Observations:
1) On Daily time frame, It broke 21DMA and closed above it and also closed above 310 level. Also daily volume was just above 21 day average volume.
Please refer below chart : Daily time frame.
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Trade Setup for Date 23-09-2021:
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 gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS| 20-09-2021 [INTRADAY]NSE:TATAMOTORS
Observations:
1) On Daily Time Frame: It faces resistance from 100DMA but closed above 308 level and also took support from 306 level.
If now 305 and 308 levels will work as support and if it maintains above this levels then it will again show the bullish jumP on breakout of 312 level.
Please refer below chart : Daily time frame.
2) On 15min time frame we can now see that it has been trading in parallel channel. In worst condition it will come to test the bottom trendline or level 305 for support and from that if there will be demand then it will bounce back.
But if it fails to get support from there then we can see a fall till 300 level for sure and then more weakness will come on breakdown of 300 level.
Please refer below chart : 15time frame.
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Trade Setup for Date 20-09-2021:
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 gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | TATAMOTORS | 16-09-2021NSE: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.
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Trade Setup for Date 16-09-2021:
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.
Note: Trade with Strict SL.
Simple Trade Setup | TATAMOTORS | 15-09-2021NSE:TATAMOTORS
Observations:
1)On Daily Time Frame: It has already crossed 50DMA level and 305 resistance level. Now it is aiming towards 310 next resistance level and 100DMA, which is places at 311.48 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 15-09-2021:
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.
Note: Trade with Strict SL.
Simple Trade Setup | TATAMOTORS | 14-09-2021NSE:TATAMOTORS
Trade Setup for Date 14-09-2021:
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.
Note: Trade with Strict SL.
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.
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.