Date : 6-May-2024 Rating : Buy - Positional Trade LTP : Rs. 1,016.20 Targets: (1) Rs. 1,065 --> (2) Rs. 1,155 SL : Rs. 995.00 on daily close basis Technical View: • NSE:TATAMOTORS is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 1,065.60 on 5-Mar-2024, it has retraced 14% to 921.20 level. •...
Tata Motors is making a Triangle Pattern at Daily Chart, made a Hammer Candle on 19april. Following the 9EMA rule, probability of going up and touching 1035 in a few days. Now 944 has became a Support from Resistance in feb 2024. For my learning and digital records purpose only.
Daily analysis Pay attention to the breakout of the triangle, the indicator indicates that the stock is a little overvalued. Make up your mind.
Date : 10-May-2024 Rating : Buy - Positional Trade LTP : Rs. 1,046.65 Targets: (1) Rs. 1,065 --> (2) Rs. 1,155 SL : Rs. 977 on daily close basis Technical View: • NSE:TATAMOTORS is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 1,065.60 on 5-Mar-2024, it has retraced 14% to 921.20 level. • On...
In Tata Motors, a symmetrical triangle pattern may emerge on the price chart, characterized by converging trendlines indicating a period of consolidation. This pattern typically reflects a balance between buyers and sellers, resulting in lower trading volumes as the price oscillates within the triangle. Traders keenly observe this formation for potential breakout...
TATA MOTORS Buy above 1020 Stoploss 995 Targets 1030, 1040 TATA Motors is trending up and will only get weak below 988 levels. Above that its a buy on dip
NSE:TATAMOTORS is now at an interesting point. It can move either but I have positive bias.
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS) Tata Motors Ltd. Target: RS 1050 CMP: RS 999.5 ENTRY RANGE: 990-1010 STOP LOSS: RS 965 Disclaimer: I am not Sebi Registered.
Short term swing move expected either side. Good for swing trade
Tata motors was till now making flat top breakout. Now tata motors has made a good wedge. Which convinces us to go long for a target of 1500 in the days to come.
Tata Motors forming cup and handle forming and ready for fly
Support - 960 Resistance - 980 At resistance sellers are invited and below 960 sellers are trapped. Wait to prove that sellers are trapped and further up move can continue.
tata motors falling 3 candle stick patterns formed at weekly chart. if the stock falls continue which may fill the previous gap selling volume also slightly increased
TATA MOTORS: Bullish - Bullish Pennant detected On the rise : A rising pennant has been detected and the price can go up around 1 108. Plus we can reach the Gap around 1 018. On the decline: However we can monitor the EMA.50 ( pink) at 954, and the EMA.200 around 775. Plus, for the purists of ICHIMOKU ( weekly) , we can go down to 843. Watch the divergence...
As you see on the charts, if the stock crosses 550 levels and sustains above, it can be considered as the breakout of the Cup & handle pattern. Also, the rising parallel channel will be giving scope for a further upside move. If does not cross 550 and not sustaining above, then this setup fails. This is only one view according to the chart patterns, there may be...
Tata Motors trading at February 2022 horizontal resistance line. Good volume seen for the last few days. A close above this line can see 270 and above that 297-300. SL 230.
Price is moving inside a channel formation. Important support zone is 998 - 1003 and important resistance zone is 1017 - 1023. Unless price breaks this range, we will get range movement. Play safe when the price is in range. Buy above 1023 with the stop loss of 1015 for the targets 1032, 1044 and 1052. Sell below 996 with the stop loss of 1005 for the targets...
Macro to Micro Analysis with help of geometric diagrams.