Tata Motors Itd view for Intraday 30th September #TATAMOTORSTata Motors Itd view for Intraday 30th September #TATAMOTORS
Buying may witness above 1001
Support area 988-990. Below ignoring buying momentum for intraday
Selling may witness below 989
Resistance area 1000
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
TATAMOTORS trade ideas
The wait is finally overTata Motors CMP 977
Elliott- thats a zig zag corrective pattern. In my view this is complete.
RSI Vs Composite- See how the composite detects the change but RSI cannot. This is where composite is a useful tool.
MA- they are a laggard and this is yet an example of it. When the stock is right at the bottom a sell signal has been generated.
Conclusion - If u thought u missed this counter. Here is an opportunity to buy it.
TATA MOTORS 1DKey Levels:
Order Block (OB): ₹980 to ₹1,011
This is the zone where buyers previously stepped in and the price has reversed from it. It serves as a demand zone or a strong support area.
Liquidity Zone:
Below the OB, liquidity was grabbed, suggesting that weak hands might have exited, and stronger players have entered.
Resistance/Target: ₹1,141.75
This is the target drawn on the chart, likely based on previous highs.
Current Price: ₹992.10
Observations:
Bullish Structure: Price has bounced from the OB and the liquidity grab zone, indicating a potential bullish reversal. The bounce suggests that institutional buying may have occurred.
Break of Structure (BOS): If the price clears ₹1,011 (the top of the OB zone), it would confirm a bullish break and increase the likelihood of an upward continuation toward the ₹1,141 target.
Upside Potential: The marked target of ₹1,141.75 offers an upside potential of approximately 16.6% from the current price level.
Swing Trade Setup:
Entry:
Aggressive Entry: Around current levels (₹990–₹1,000), given the bounce from the liquidity zone.
Conservative Entry:
Upon the price breaking and holding above ₹1,011 (the top of the OB), indicating more confirmation of bullish momentum.
Targets:
First Target: ₹1,060 (interim resistance level).
Final Target: ₹1,141.75 (as per your chart's target level).
Stop-Loss:
Below ₹980 (to avoid being caught in another liquidity sweep).
Ideal stop-loss could be placed around ₹970 for a safer risk management setup.
Risk-to-Reward Ratio:
If entering at ₹1,000 with a stop-loss at ₹970 and a target of ₹1,141.75, the Risk-to-Reward would be approximately 1:5, which is a
favorable trade setup.
Strategy:
Hold Position: If the price consolidates within the OB zone, hold as long as it stays above ₹980.
Exit or Reassess: If the price drops below ₹970, consider exiting the position to limit losses.
This setup presents a strong opportunity, with good risk management and high potential for gains.
Tata Motors Limited (TATAMOTORS) Levels For Tata Motors Limited (TATAMOTORS), the key levels are:
* Resistance Level: ₹414.00 (52-week high)
* Support Level: ₹154.00 (52-week low)
This means that:
* If the stock price is above ₹414.00, it is considered to be in a strong uptrend and may be difficult to break above this level.
* If the stock price is below ₹154.00, it is considered to be in a strong downtrend and may be difficult to break above this level.
Tata Motors-1-Chart AnalysisTata motors CMP:953.95; RSI: 42.73;
Tata motors, chart is showing signs of fatigue and weakness, is poised to slide into consolidation phase and may retrace- back to a zone of (Rs 840-775). Tata motors is fundamentally strong counter will be a good buy in a zone at 800-850. Sentiment may reverse for a momentarily if script closes above breakout ceiling of 1070 on closing basis for 2 consecutive days, then swing-target of 1220 is also possible.
On long term basis Target-1 is positioned at 1550 level and new leg of rally may take script to 2020 levels in 10 to 12 months’ time frame.
As of now no new position should be taken in the script, those who hold the script should keep a strict stop loss of Rs: 898.
New position should taken either at 800-850 level or on breakout confirmation @1070
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TATA MOTOR PARALLEL CHANNEL VIEWthis support trend line is weaker because it has multiple touch point in lower side so there is some possibility that may become bearish.
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.
in.tradingview.com
Tata Motors - Poised for a Powerful UpsurgeTata Motors is presenting an exciting setup, and all signs point to a potential strong move upwards, thanks to multiple demand zones aligning perfectly across higher time frames.
Monthly Demand Zone : Tata Motors has firmly entered a high-confluence area, with the monthly and daily demand zones acting as a solid foundation. These zones represent areas where big buyers historically step in, making it a strong base for a bullish reversal. The confluence between the larger time frames adds even more strength to this zone, suggesting a high probability of upward momentum.
Monthly Demand Zone
Daily Demand Zone Reactivity: On the daily chart, the price dipped into a daily demand zone, triggering a sharp bounce. The immediate reaction from buyers shows the validity of this zone, with bulls actively defending it. This reactivity adds further confidence that Tata Motors may have found a strong floor.( visible in lower time frame Charts)
Daily Demand Zone:
Lower time frame Reaction:
Higher Timeframe Trendline Support : Adding more weight to this bullish setup is a long-term trendline support, which has acted as a reliable level for price to bounce from historically. This trendline is now aligning with the demand zones, creating a super-strong support structure. It’s not just the demand zones that are holding; the higher timeframe trendline is also providing a solid foundation for the price to launch upward.
Trend Line support
Gap-Filling Opportunity: There’s also a gap in price that remains unfilled, creating a target area for bulls to aim for. Gaps often act like magnets for price, and with the support from both the demand zones and the trendline, Tata Motors looks set to make its way upward to close this gap
With Tata Motors sitting in a confluence of monthly and daily demand zones, supported by a long-term trendline and a gap-filling opportunity, the setup is ripe for a significant upside move. The alignment of demand zones across multiple timeframes combined with the trendline support creates a compelling case for a bullish rally. This is one to watch for a potential strong uptrend!
TATA MOTORTATAMOTOR
Tata motor appears to be a good investment in the near and long terms. As you are aware, it also produces EVs. I noticed that it had corrected from its recent high by about 20%.
If you buy solid stocks at this price point, they could potentially increase your wealth. I believe that attempts to reach 1000, 1100,.....
Do not take anything personally; it is only meant to be educational. Before making any investments, please consult your advisor.
Please let me know what you think of my studies as well.
Chart Analysis (TATA Motors Ltd. 30-Minute Chart)
Chart Analysis (TATA Motors Ltd. 30-Minute Chart)
Price Action:
The stock is currently priced at ₹976.40, having experienced a significant drop from the highs around ₹1,180 in early August.
There has been consistent selling pressure in recent sessions, leading to a breakdown below key support levels around ₹1,000.
Volume Activity:
A large spike in volume can be seen in early September, indicating either institutional selling or large block trades.
The price drop is accompanied by increased volume, signaling a strong bearish sentiment.
CVD Indicator:
The Cumulative Volume Delta (CVD) is deeply negative (-628.621K), showing that the market has seen more sell orders than buy orders, contributing to the downtrend.
Key Levels:
The stock has breached the ₹1,000 psychological support and is now testing new lows. The next potential support zone could be around ₹950 or lower.
Fundamental Review of TATA Motors
Revenue & Sales:
TATA Motors has seen fluctuations in its revenue due to the global automotive market conditions. Any recent drop in sales or export numbers might have triggered a negative outlook.
Electric Vehicle Segment:
TATA Motors has been investing heavily in the electric vehicle (EV) segment. Any setbacks in this segment, such as delays in product launches or regulatory challenges, could cause stock volatility.
Macroeconomic Factors:
Rising interest rates and a global economic slowdown could reduce consumer demand for vehicles, leading to a drop in auto sales.
Commodity prices (especially steel) affect input costs, which could negatively impact profitability if prices remain high.
Foreign Markets Exposure:
TATA Motors’ exposure to global markets, especially Jaguar Land Rover (JLR) in Europe and the US, means it is affected by international economic conditions. Poor performance of JLR could weigh heavily on its overall stock performance.
Currency Fluctuations:
A weakening INR against the USD or other major currencies could increase the cost of imports and further strain profit margins.
Conclusion:
The technical chart shows significant selling pressure, and the fundamentals could also be contributing factors, such as macroeconomic headwinds and the company's challenges in maintaining profitability across its segments. Watching for upcoming earnings reports, sales figures, and any news on the EV segment will be crucial to understanding the future movement of the stock.
TATAMOTORS Ending diagonal.. trend is getting matured..Tata motors in impulse 5th wave up .. high made 1179 (min target of 5th wave done)
It seems its making ending diagonal pattern in form of
3-3-3-3-3... waves and if it is doing diagonal pattern than chances are
there for 3rd wave of 5th up in 3 waves and one more new high possible.
important support is 4th wave low 855 breaking of which will end the impulse trend
and down trend will start in tata motors.
Disclaimer : study is only for educational and I am not SEBI registered.