📈 Stock Name - Tata Motors Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 965.
🚨 Disclaimer: This is not a Buy or Sell...
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:TATAMOTORS
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly...
🚗🔌 Transitioning to Electric Vehicles (EVs) is a top priority for India. 🇮🇳 With ambitious goals set by the government, EVs are expected to make up 25% of two-wheeler sales and 15% of passenger vehicle sales by 2030.
💡 According to ICRA, this shift presents a huge opportunity for auto component suppliers. Market potential for EV components is projected to exceed...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
By Making Higher higher on Monthly Chart, TataMotors entering into another Major Bull run with much higher Targets.
Strong Bullish Stock. Strong Buy on any Major Dips.
Tata Motors Limited is an automobile company engaged in manufacturing motor vehicles.
TTM EPS: 31.98
TTM PE: 19.61
P/B: 0.73
Mkt Cap (Rs. Cr.): 208,392
Dividend Yield: 0.32
Sector PE: 52.69
Book Value Per Share: 863.26
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Strong Annual EPS Growth
Good quarterly growth...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Not bearish on Tata Motors ( Btw how can be bearish on a stock that made ~11x return in 4 years that to being LargeCap ), just update on the stock that it can face resistance of the trendline around 980-1010 levels. So to all the guys and girls having TaMo in portfolio time to book profit and again when it is around the 700-600 range, you can reenter.
Thanks, Bye!!
Tatamotors multi time frame analysis, with details of monthly, weekly and daily chart posted in this analysis. Overall the setup is looking extremely bullish.
Also, believe 450 call writers may get trapped very soon. Below is 450CE chart for reference
