TATAMOTORS Your chart on #TataMotors highlights a falling resistance trendline breakout with a successful retest, indicating a potential bullish move. Key Observations: Breakout & Retest: The price has broken the falling resistance and successfully retested it, which strengthens the bullish bias. Resistance Levels:757.95 (Intermediate resistance) 770.75 (Next key level) 782.85 – 783.90 (Major resistance zone) Support Levels:726.10 (Immediate support) 725.75 (Strong support) If the price sustains above 741.65, we could see momentum towards the next resistance levels. However, if it falls below 726.10, a downside move might occur.
TATAMOTORS intraday formed a Typical type day, gave a wide opening and traded inside those range throughout the day. Intraday traders get seldom chances in this form of days. firstly it was like an inverted flag pattern but that failed and reversed to day high. there is a long entry point when failed flag pattern but the risk reward is minimum.
Positional Trade Duration: 2-3 months Entry: 760-780 Targets: 946, 1042, 1165 Buy on Dips till 720 Reversal from support with strong volume. Institutions expecting a strong earning in Feb and Dec sales have been good. No buy or sell recommendation.
TATAMOTORS #TATAMOTORS, Positional Trade Duration: 2-3 months Entry: 760-780 Targets: 946, 1042, 1165 Buy on Dips till 720 Reversal from support with strong volume. Institutions expecting a strong earning in Feb and Dec sales have been good. No buy or sell recommendation.
Immediate Resistance: ₹769.25 Short-Term Resistance: ₹772.84 Medium-Term Resistance: ₹772.33 Long-Term Resistance: ₹900.00 These levels are derived from recent market data and technical analysis.
If TATA MOTORS breaks the price band and resistance of 764.75 It's a BUY a signal MACD is about to cross and RSI has also increased. It might come back to the level of 764 for retracement to achieve the the TARGET of 927 and keep SL of 649. TARGET 1-927 TARGET 2-1015 SL-649 [ WHEN TARGET1 GETS ACHIEVED INCREASE IT] The information provided here is for educational and informational purposes only. I am not a SEBI-registered financial advisor, and any suggestions or opinions expressed are solely based on personal research and analysis. Please conduct your own due diligence or consult with a licensed financial advisor before making any investment decisions. Trading in the stock market involves risk, and you should be aware of your own risk tolerance and financial goals before making any investment
#TATAMOTORS Reaction from a local Support. #Disclaimer Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
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TATAMOTORS TATA Motors Ltd view for Intraday 22th Dec #TATAMOTORS Resistance 770-773 Watching above 775 for upside movement... Support area 750 Below 765 ignoring upside momentum for intraday Support 750 Watching below 747 or downside movement... Resistance area 770-773 Above 760 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,