We witnessed some weaknesses for a few days in Tata Motors. Tata Motors is trading at immediate support. We should expect some bounce back. 150 will be safe target. 160 is aggressive target.
Target - 160
We could observe a Positive divergence through RSI and MACD in Tata Motors. One can clearly find a bullish bias especially with the momentum of current up move.
170 is a key area from price action action perspective as the stock has reacted to this level historically. Fib 23% coinciding at that level makes it even more significant. Hence, even though we hold a...
Tata Motors DVR looks like its forming a corrective pattern after breaking out of the downward trend line. Once the corrective pattern is finished in the 1 hour time frame, I think we will get to see an upside- either a corrective upside (C wave for further decline) OR a move to retest the 240 top. Near term, I guess there is atleast one upmove pending after ...
Based on my PredictiveSystem's signals, today (09-May) its going to be a GREEN candle for NSE:TATAMTRDVR
Buy above: 190.5
Stop loss: 188.95
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own...
TATAMTRDVR trading below 200 simple moving average, strong resistance zone 290/288, it has formed a gravestone doji candle formation. price action movement moving towards its support zone 278/280 zone, keeping stoploss above 295.