TATA tech for swing stradestock is forming double bottom, we can plan a swing trade in the stock keeping the SL at 950
TATATECH trade ideas
TATATECH back to it's breakout trendlineTata tech is back to the breakout line taking support, can buy if there is a breakout with stoploss below the trendline.
Tata tech at support levelReach at channel support
Some bounce expected up to 1150
View invalidated below 1020
TATATECH Support & Resistnce
#TATATECH
Current Price: *1,121
Trend: Bullish consolidation, approaching a potential breakout.
Chart Pattern: Ascending triangle formation suggests a potential upward breakout. Resistance: ₹1,169 (immediate); strong resistance at this level.
Support: ₹1,080 (initial) and ₹1,045 (major).
Volume: Recent trading volume of 4.4 million shares; 15-day average volume of 3.5 million shares.
Recommendation: Consider buying on a breakout above ₹1,169 for swing trade or on pullbacks around ₹1,080 with a stop loss below ₹1,045 for better risk
management.
TATATECH - Inverse H&S Pattern BreakoutTATATECH - Inverse H&S Pattern Breakout
The chart displays a classic Inverse Head and Shoulders pattern, which is often viewed as a signal of a potential upward trend reversal. This means that after a period of price decline, the stock might be gearing up for a move higher.
The left shoulder, head, and right shoulder are clearly visible, and the price appears to be moving above the neckline, indicating the possibility of a breakout.
Volume Increase:
There's a noticeable rise in trading volume on the right side of the chart, which signals growing interest. A strong volume during a breakout is usually a good sign that the price move has solid backing and could be sustained.
Breakout Momentum:
The stock has already started to break above the neckline, with prices moving upward, suggesting that the momentum is in favor of further gains.
Short-Term Trading Levels:
Here’s how you could approach this setup, considering entry, profit targets, and stop-loss points.
Entry Point:
Since the stock has already broken out from the neckline, it might be a good idea to enter near the current price of around ₹1,114, assuming the breakout continues.
Target Levels:
First Target (T1): ₹1,180 – This is the first potential resistance level where the price might encounter selling pressure, based on previous price behavior.
Second Target (T2): ₹1,224 – The second level to aim for, where the price has previously stabilized or paused.
Third Target (T3): ₹1,270 - ₹1,280 – The final short-term target, close to previous highs on the chart.
Stop-Loss:
To limit potential losses, a stop-loss can be set just under the neckline, around ₹1,060. This level gives some buffer for price fluctuations while protecting from a failed breakout.
Summary:
Entry Point: Around ₹1,114
Targets: ₹1,180, ₹1,224, ₹1,270-₹1,280
Stop-Loss: ₹1,060
Keep an eye on volume and price movement. If the volume stays strong, the breakout is more likely to continue, increasing the chances of hitting the target levels. However, if the price drops back below the neckline, the breakout could be false, and the setup may become invalid.
Tata Technology now changing its course .As we have been observing for a long time, Tata Technology was stuck inside a parallel channel, now it has broken out of the channel and has also been successfully retested, and now Tata Technology can touch new heights. in my opinion, we can tread above 1135 with the SL of 1043
for the long term 1st target is 1200 ,2nd 1290, 3rd1400
TATATECH: Potential Bullish Breakout + Inverse Head & ShoulderBullish Analysis of TATA TECHNOLOGIES LTD
Key Observations:
1. Pattern Identified: Inverse Head & Shoulders
- The inverse head and shoulders pattern suggests a bullish reversal.
2. Resistance Zone:
- The stock is approaching a key resistance zone.
- A breakout above this zone could signal a strong upward movement.
3. Target Projections:
- If the breakout happens, the first target is set at ₹1,263, followed by ₹1,333.
4. Volume:
- Recent volume spikes indicate strong buying interest, supporting the potential breakout.
5. RSI:
- Currently at 60.91, it indicates strength, but still below the overbought zone, allowing room for upward movement.
Conclusion:
- Entry Point: A breakout above ₹1,093 can be a bullish signal.
- Targets: ₹1,263, ₹1,333.
- Risk: Watch for failure to break the resistance zone, which may signal a short-term pullback.
Follow us for STOP-LOSS updates.
Note: Always consider risk management and market conditions before making investment decisions.
3 Best Breakout stocks for 9 Sept Markets I make educational content videos for swing / positional trading
One day support and resistance 52-week high: ₹1,400.00
52-week low: ₹970.55
Day range: Low ₹1,075, high ₹1,123
Tata Technologies shares have been trading below their all-time high since listing last year. The stock listed at ₹1,200, a premium of 140% over its issue price of ₹500.
#TATATECH IN Trade type - swing #TATATECH IN
Trade type - swing
Holding - 2 week
Target potential - 12%
Key point --
Pattern - triangle
HL with good volume
Good FII/DII holding
Levels ---
Entry - 1111-1115
SL - 1043
Target - 1250
Note -- U can also hold For long term it's
$NSE:TATATECH: Breakout of Descending Channel with RetestNSE:TATATECH has broken out of a descending channel with significant volume, indicating a potential trend reversal. After the breakout, the stock has successfully retested the breakout level, confirming support. This signals a bullish continuation, with buyers stepping in post-retest. Watching closely for further upside momentum.
tata techthis stock has given a trendline breakout with volume its able to sustain above the breakout level this stock hold a good future keep in your watch list....for targets and sl you can dm me
TATATECH shorterm profitTATATECH bullish
5%-6% up move in one week
After long correction, impulsive move
5th wave in formation
# Elliott wave theory
VIEW ON TATATECHGood chart structure
Stock has made a good support near 950 levels
Good volume addition
Target 1250
Stop loss 980
I am just representing my views
For educational purpose only.
TATA TECHNOLOGIESAfter a long falling wedge, there will be an attempt to form a base. Today's candle could mark the beginning of the base formation if it can sustain this breakout.
It will be a sideways contender for a while but this is where accumulation would begin. Momentum will come eventually.
TATATECH LTD. TIME FOR REVERSAL ?NSE:TATATECH
Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.
Technical Analysis:-
The Simple price action shows a reduction in the strength of bears cause the last 3-4 swing lows failed to form a strong significant lower low.
this action formed a falling wedge structure and this pattern is bullish.
If you combine the RSI readings there is a bullish divergence forming which adds up to a confluence of factors.
the volume is very low on the fall.
Entry is strictly on closing basis only above 1075
Stop:- for short-term traders is 990 on a closing basis and long-term can accumulate more on the sign of reversal from 990.
Tgt levels are mentioned on the chart.
Keep learning,
Happy trading.
Tata Technology Volume Spike - Swing Trade large volume spike has been seen recently with a break of trend line
50% Buy @1095 & 50% Buy on dip 1040-1050 TG 1180,1220 SL 1020
Educational Ideas
To motivate us, Please like the idea If you agree with the analysis.
TATA TECHNOLOGIES LTD FALLING WEDGE BREAKOUTTata Technologies Limited
It has shown Termendous breakout with
3 weekly higher high closing candles which will lead to two big green candles in short term-
for a target of 1400.
Then it will consolidate before starting next leg of run-
For target second that is of 1830.
Tata tech long.Tata tech breaks above previous highs with good volume, a consolidation might come before it goes up again.
TATA TECH - Potential Multi-baggerPrice Analysis & Overview:
1. Good volumes
2. RRR is favourable
3. Structure reversal
4. Looks the stock is bottomed out now.
Trade Plan:
Entry - CMP (I have entered today around 1051)
SL - 5-7%
TP- 1:3,1:4,1:5
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Tata Tech Stock Near Breakout | Long TermTata Tech Stock Near Breakout | Long Term
Price above 50 EMA & RSI above 60
Long term investment stock
1 Year Downtrend (Sideways)
TATA TECHNOLOGIES : A good bottoming out candidate 📈 TATA TECHNOLOGIES might be a good bottoming out candidate at this level after its listing.
🔰 It can rise upto 10%, 20% & 30% from this levels. In the short to medium term it can also touch its lifetime highs.
🟢 Range : 1040-1050
🎯 Target : 1150 / 1250 / 1350
🛑 Stop : 970 (wcb)
⚠️ Disclaimer : It's not a buy/sell advice. It's a only view for the educational purposes.
TATA TechnologiesSeems a breakout in Weekly and Daily TF supported by strong spurt in Volume. Expecting a reversal. Thoughts and suggestions are welcome.
