TATAMOTORS trade ideas

Mur_Att Updated 

A move below 522 spot and sustain for 2-3 candles (30 min TF) and thud, its all over for TaMo for a target price of 500-ish approx.

Mur_Att Updated 

A resistance band at 544 odd levels. If unable to cross, expect 532 again.

yuvrajsingh7722

possible short..nice risk to reward

JigneshTrade

NSE:TATAMOTORS The ichimocu support line is broken. The next support is at 514 and stoploss is 551

LSubramani

It would be good to go long at the bottom of the channel with a SL just below the channel. RR would be good there.

JigneshTrade

BSE:TATAMOTORS shown a triangular pattern. The stock is on verge of breakout. Wait for confirmation.

nirav5

TATAMOTORS has recently respected 2.0 Fib retracement of BC-leg. CD leg can be 1.618 to 2.24 of BC-leg. Potential Bearish Shark on its way.

bbrijesh Updated 

Bearish Harmonic

NeeteshJain

The price action has been trending up for a while and now it has touched and entered the previous resistance level at around 595-600 levels. It is also important to note that there is also a formation of a bearish harmonic pattern. It is wise to wait to initiate longs in it until the price action breaks and closes above 601. Apparently, there is a good chance of a...

ktp

Back to weekly resistances

InsiderB

Wave 4 is well within 50% Fibs of wave 3 but a gap up open may spoil the plan, but if we get proper open in our zone and valid confirmation, we can enter short positions towards 490's. Tatamotors chart almost looks similar to our Nifty. Happy Trading !