From close to 600 mark- Motors fell in a choppy manner till 428 & retraced back 70-80% of the fall till 550's. From 550's the fall was extreme impulsive & likely could have trapped anyone seems to be part of the larger correction & currently in the middle having the possibility of extending even further down in the days to come. In the current situation, having...
Sell @ 466.5 Stoploss 469.5 Target 461.3
for educational purpose - tatamotors has completed pullback and now downtrend will resume. so short below 466 with sl of 476 with tgt 435-440. revise sl with price decline.
Overall trend is down. If goes down, then it will support near 430 area. Since there was a huge volume when it reached the support of 430 last time, this time its gonna be difficult. SHORT if the next candle is red with huge volume.
TATAMOTORS momentum up and trend up but weak. May be little risky. Best entry point is @ 476 Entry (aggressive) @ 470 Stop loss @ 466 Target @ 482
for educational purpose tatamotors is trying to close above 464 (fib .236) but failed if it closes above then 481 (fib .382) will be next target. but below 457.5 go short with sl of 465 with target 448.
Tata motors-4 hour chart. Due to poor results the stock tanked. But the stock taking on the fib levels from the prev high. RSI also indicating oversold conditions and divergence as well Can it bounce back again, Tomorrows price action to decide
TATAMOTORS looking to take support at 425-420 as closing basis if break support then target at 400-380
Buy at CMP of 436 -440 with stop loss of 400 (-10%) with a target of 520 ( 18%)
Analysing without knowing the result date. I appreciate your views. Your views always makes me better. And I my learning improves because of you people only.
watch my this call rocksss head and shoulder break down wait for 5 min candle close below
Looking this weekly chart, I have a strong suspicion that this could be a prolonged phase of distribution or ranging price action between the Magenta horizontal lines. Price has been rejected from the upper parallel of the down-sloping fork. As per Andrews rules, there is a strong case now for a test of the medianline or the middle line of that green...
Lets have Simple Chart for Trading u need Analysis - 30% Execution - 5% Mind Control - 30% Money Management - 35%
Tata motors is near very strong support.. long position an be initiated with small stoploss for larger gains...
TATA MOTORS Head & Shoulders Pattern
Here's a potential long setup . CMP - 513.55 Buy close to 509, whatever market gives. SL - 505 ( 4 Rs ) Target 1 - 518 Target 2 - 531 This is according to a strategy I learnt in an expensive professional course. Let's see. Thanks.