#TATAMOTORS IDEA#TATAMOTORS:- On Daily chart we have a breakout of rounding bottom pattern. Target of rounding bottom breakout comes out to be 700-730 in coming days.
TATAMOTORS trade ideas
Tata motor break outTata motor can touch the levels of 600+ in the coming days. clear break out can be seen on the daily chart. keep the stock in your watch list. This is for your educational purpose only.
TATA MOTORS Looks BearishAs per Technical analysis and OI Data looks Like Tata Motors looks bearish. it will face resistance Near 613-615 Level if its break then probably Tata Motors will test 600,590 Level in coming Days.
Keeping this mind e can buy Tata Motors 600 PE Near 7.80-8.50, Stop Loss 5, target 13,15
Time Frame 3-5 Days
Investment required 11500
Maximum Loss -4200
Profit upto 9900
This is only for Educational Purpose.
Tata motor Target completeAs viewed Tata Motor gave high of 624
5 June trgt was given of 612.
What next.
Since Tata tec is going to get listed on exchange and Tata.motor has 75 % shares , the valuation is going to be very high
Conclusion trgt 1300 in 2 year
VIEW ON TATA MOTORSStock in blue sky zone
Good chart structure on all time time frames
Target 650/700
Stop loss 590
I am just representing my views
For educational purpose only
VIEW ON TATA MOTORSStock in blue sky zone
Good chart structure on all time time frames
Target 650/700
Stop loss 590
I am just representing my views
For educational purpose only.
Tata Motors multiyear breakout The Tata Motors stock has a strong support at Rs 570 level due to line of parity and 20-DMA. From the indicator perspective, daily MACD and RSI are trading in a positive territory, which is implying that the stock can hit a new high of Rs 640. Positive view stay intact as long as the stock holds above Rs 570.
Long on TATA MOTORS for Long TermThe stocks has risen by almost 9% in last 5 trading days. Also, stock touched an intraday high of 439.30.
The price moved above 200 day EMA on 3rd Apr 2023 which indicates trend reversal.
Now it is trading above 21D EMA, 50 D EMA and 200 D EMA, which indicates optimism.
Last two day's delivery volume of 41 lakhs was higher than weekly and monthly average delivery volumes of 33L and 30 L respectively , indicating rising investor participation.
To avoid false breakout, traders are advised to buy the stock only @425 or above.
Fundamentals:
Domestic passenger vehicle sales grew45% YoY and exports jumped 36% YoY. Whereas CV sales grew 22% YoY
July 7 Tata Motors 1D NSEJuly 7 Tata Motors 1D NSE
July 7 the candle show me Buyer rule the market today
Wait for next candle.
I assume that possibly price goes up from here.
Price move in the uptrend
Tata Motor Multiyear Breakout - Target 1200++Tata Motor Multiyear Breakout - Target 1200++
Nifty Auto Target 17000++
Tata Motors .. RecapSuper Run... 620 done by heavyweight pulling Auto Index Up...
Volumes should push prices further in upcoming weeks
TATA MOTORS is buy based on hourly chartsTATA MOTORS is buy based on hourly charts
LTP - 575
SL - 562
Targets 615+
Timeframe -10-15 days
#tamo one of best share to trade multiple wayTamo is all time good share to trade. Also this goes smooth even in the volatile market. New all time high have been made today. Good 4% return with idle money
TataMotors Buying Zone BTST at TataMotors 586 is buying zone with sl of 582.95 and Target is 600+
Looking good for buying options Calls or futures it is also good for intraday
Tata motors case studyTata motors spot cmp 590
weekly time frame
Wolf wave study
Bearish wolf wave formation
Counter is in overbouht zone as per structure, trading above the resistance line.
Previous life time high levels at 600,
Bearish divergence on RSI, with respect to price.
counter is facing price rejection around 600 levels, which act as resistance as per previous life high levels.
Bullish only above 610 on weekly closing basis,
Till counter is below this levels , possibility of 50-70 point down side is higher.
Further view can be taken once counter gives weekly close below 535 levels.
Bulls time to cautious, bears at door step.
TATAMOTORSTATAMOTORS:-The stock was following a parallel channel in May, first it gave a below breakdown, trapped the sellers and gave an upside breakout, if the price sustains above 513, we may see upside momentum. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
A Price Action based Technical Analysis on Tata MotorsInvestors can start to accumulate Tata Motors from now on with every dip. Current market price is 77.95 and nearest Trap Zone is at 64.50.
There is a Bullish Channel and a Wolfe formed in it. Ideally it should take the price up to All Time High.
As per Harmonics, a Pattern which is close to Bullish Bat is getting created in the Chart. This should send the price up as well.
For Price Action Traders and Demand & Supply Traders, the Levels or Zones are not good, so they can try a Confirmation Entry. This is infact, a little draw back for this setup.
A Long Trade is suggested. But before price goes up, it will definitely try to stop out the Retail Traders and Demand & Supply Traders. That is the way they love to change the Trend.
A Price Action Trader will wait for a PA signal to get into this Trade.
Short Term Target will be approx 250 to 300 and Long Term Target should be beyond 600.
Disclaimer: The Waves drawn are imaginary and hence the real waves might be little different. This is not a suggestion for trading. If you wish to trade, you can at your own Risk. This is for learning purpose only. Prosenjit Ghosh holds no responsibility for any loss occurring to you by trading this setup.
This complete analysis is based on Technical Analysis.
Tata Motors -BuyTata Motors gave a multifold return in the 2020 -2022 period and now for a year it had been in a ranged phase. The stock is a perfect example of how an ideal correction should be in an uptrend. During this correction the price had formed a strong support around the price Level of 370 which happens to be 0.618 Fibonacci retracement level which had been tested multiple times. Recently it has broken it’s all-time high confirming a higher high and a lower low formation.
One can buy the stock when it closes above 600 with stop loss at 585 as it has given a breakout from the range and has completed the formation of Flag which is one the continuation patterns with volume confirming the price action and volatility increasing, the stock can rally up to 620 and 640 which is also the 1.272 Fibonacci ratio. The bullish signals can be seen on daily and weekly charts and hence ramification is likely to be large. Further the stock is having few shortfalls that suggests a strong momentum
Conclusion: The setup looks poised for a good move in the up-coming weeks. A gradual move towards the level of 620/640 is possible, with an excellent risk to reward ratio.
Tata motorsTata motor s is trading near multi year resistance. But stock seems bullish and nifty auto is also supporting the up move we can see a good up move if stock cross the resistance line
Tata motors Please note this is for education purpose only.please do own research before you take a trade
TATA MOTORS DVR - Cup with handleTata Motors DVR - Cup with Handle
6 Years Cup with Handle
Cup Neck Line - 287.00 (01/05/17)
Cmp - 309.95
Entry - 298.50 (4% from Neck line)
Stop Loss - 281.25 (2% from Neck line)
Target 1 - 328.35
Target 2 - 361.20
Target 3 - 397.30
