Tatamotorstrendanalysis
Simple Trade Setup | TATAMOTORS | 04-08-2021NSE:TATAMOTORS
Today it break 300 level and closed above it, with good bullish sign.
A safe fresh Buy Trade can be given once it break 305 level and trade above it for few minutes.
Also one can take Buy trade if it takes support from 300-304 range.
Levels are mentioned on the chart.
Do comment your doubt or suggestion.
My personal view is bullish.
SIMPLE INTRADAY SETUP |02-08-2021| TATAMOTORSNSE:TATAMOTORS
Simple intrday setup for TATAMOTORS for 02-08-2021.
Keep booking your profit instead of waiting for big move. It will be better to get profit on the moves and then re-enter in the trade at the level w.r.t price action.
My personal view is that breakout above 300 level will give good up move.
Do comment if you have any doubt or suggestion.
TATA MOTORS || SIMPLE INTRADAY TRADE SETUP FOR 30-07-2021NSE:TATAMOTORS
Today, it has broken the trenline with gap up and sustain above it.
And it is moving good in range for intraday easy trade on either side.
All the levels are marked with line on the charts.
Judge the price action and take trade from any level on either side (sell or buy).
From my point of view it looks bullish now.
Do comment if you have any doubt or suggestion. I will try to respond ASAP.
Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.
TATAMOTORS || Simple Intraday Trade Setup for 29-07-2021NSE:TATAMOTORS
TATAMOTORS levels are following FIBONACCI level.
All these levels will work as entry, target, support and resistance on either side.
Red Down mark arrow suggest entry for Sell side and Green up mark arrow suggest entry for buy side trade.
For Example, if it breaks down 284 level then it will be a sell trade and target will be blue line marked below on the chart. And if takes support from 284 then there will be buy trade and target will be blue line marked above it on chart. And further if it breaks 286 then this will be again entry point for buy trade.
I am giving small targets considering current situation in TATAMOTORS and also for quick trade and profit booking.
Buy Tata MotorsTata Motors Ltd (NSE Cash)
LTP: 291
Support: 306 / 312
Resistance: 285
The candles resisted 306 levels for the first time in January and took support at 280 / 285 levels in the month of March. We can understand the strength of 280 / 285 levels as the chart has been taking support at these levels since months now.
Something really small went wrong on 6th July 2021 which triggered a fall from the highs of 351.55 to lows of 289.50 till yesterday, the 28th of July 2021 which comes up to almost an 18% fall in 22 days. This is huge.
It took the chart 6 months to gain 20% but around 22 days to lose 18% just because of a small issue which every other car manufacturer is facing. This doesn't seem right.
I think this is where we should enter into long positions in Tata Motors with a Stop Loss of any level before 280. Tata Motors may re-test 350 levels quite soon.
TATA MOTORS | TRADE SETUP 28-07-2021NSE:TATAMOTORS
TATAMOTORS has been forming RSI bullish divergence. It is making lower lows in price action while RSI is making higher lows.
Things to remember.
Since, this RSI bullish divergence is not yet confirmed so better to trade at pre-decided levels only.
Tomorrow if this will be the bullish divergence then there will be a bear trap in the initial 15-20 minutes. In which the stock will go down quickly and then suddenly it will go up. At this moment better to keep an eye on RSI. If RSI makes the low and if it is higher than the previous low then there will be scenario of up trend.
And only enter in buy trade at pre-decided levels.
Otherwise it will give good opportunity to sell below 290 range.
And if you want to trade in option then better to trade in Aug month option.
Do comment if my ideas are helping you to understand trend, levels and price action.
Let me know if you have any doubt or suggestion.
TATA MOTOR | WHAT NEXT ?NSE:TATAMOTORS
TATAMOTORS has been in very much bearish trend since last few days. And in this month it has fallen nearly 13%.
I am preparing this on 1hour timeframe for clear understanding. And this for positional trader.
On 23-07-2021, it has broken that orange trendline and closed near 295 level. This is very critical level and 295.50 is Fibonacci level and also it is at that black trendline.
If you see previously it has taken support from this trendline earlier.
1) Now in upcoming trading sessions, if it fails to take support from this level then we can see downtrend. First support/level will be 290 and if it breaks it then we can see levels till 280-281 in TATAMOTORS.
2) And if it gets support from this level then we can see change in trend for TATAMOTORS. But the good short term entry can be taken only if closes/trade above 305 level. But it it goes up and faces resistance at 305 level then don't enter and waste your time and stuck your money in it.
3) For the safe trader if looking for buy trade then it is safe to take buy/long trade above 318 for good upward movement in short term.
comment below if my trading ideas are helping you to understand levels and price action.
do comment if you have any doubt or suggestions.
Have a good weekend.
🚗🚒🚚🚛TATA Motors LTDNSE:TATAMOTORS
heading towards harmonic PRZ.
if you have idea about reversal trading then trade on reversal from that PRZ level for long.
be independent trader
take charge of your own trades
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Tata Motors Positional Trade levelsNSE:TATAMOTORS
For Safe trader , TATAMOTORS looks bullish above 318 levels.
Once it break 318 and starts to trade above it, go long in TATAMOTORS with positional trade. Targets are marked with RED LINES on chart.
Prefer to short below 305 level. But can't see any opportunity in coming days to short TATAMOTORS.
Comment your suggestion or doubts.
All the best for trading in next week. Have a good weekend.
Tata Motors : Follow-up TATA Motors : Follow up on last study shared on 3rd May.
- Filtered from strategy#1
- Near Major Resistance
- Above 351.3 only.
- Support given on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Tata Motors - Cup & Handle Bullish continuationKey Highlights:
1. Bullish market structure
2. Cup & Handle pattern
3. Lacks volume at the moment
4. Resistance at 357
5. Accumulate on pullbacks
6. Target: 375, 394, 416, 435
7. Aggressive SL: 337, Safer SL: 325
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
TATA MOTORS SWING TRADETata Motors is trying to break support, but the price is rejecting it; if the support is broken, purchase at the Buying Zone. For Swing Trade
Also, Keep It Mind that
If stock market gurus were true experts, they would buy stock not selling advice. So don't take anyone's word for it; this is just my opinion; do your own analysis.