#Tatamotors cash -Positional call 18.03.2024 Looks good above 977 & dips till 960 Stoploss 940 Target 1018-1020/1060 Cmp 973
Tata Motors- CMP 968 Volume- the huge volume is an indication of euphoria post which we always witness a sharp correction. Elliott- the corrective pattern is zig zag. wave A and wave C have 1 and 1.618 relationship. The correction halted at 1.618. Composite & RSI- At this imp support we have +ve divergence from composite where as RSI has failed here....
Tata Motors inverse head and shoulder breakout on monthly tf closing above 650 can lead to 830 and final 950+ risk reward ration will be 4.1 dc : only for educational and learning purpose
Tata Motors is very clear case study of Buy on rumour Sell on News. Some strong hands must have Demerger News before public. Now those who bought before this rally will book profit. Do not buy it until it correct itself and consolidate at 820-810. Short/Sell at this level with stoploss 1066(Today's High) to get reward of news selling.
Buy - Tata Motors Entry - 1066 Target - 1140 to 1194 Stoploss - 1006
Rejection from ATH high volume candle with negative divergence on RSI
tata motors looking bullish as retest from .618 fib CMP 627 on 10.09.2023
Resons: 1. Tringle pattern 2.17 months of consolidation 3. RR is attractive
Price may go up and reach the target Price in higher time frame is showing bullish confirmation followed by pullback in 5mins this shows primary trend is bullish and secondary trend is occurs and entry taken at the end of secondary trend that is confirmed by bullish candle at lower timeframe
The stock has given a breakout from a cup and handle pattern moreover after breakout the stock has retested and again formed a small cup and handle pattern the target can be 1133
Tata motors has shown a superb bullish rally but this seems a formation of shooting star stay cautious in bullish trade study and think and then trade carefully
#TATAMOTORS trading above Resistance of 941 Next Resistance is at 1483 Support is at 600 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
tata motors 1:10 lovely trade 10 rs risk 100 rs rewards.
According to the long term monthly trendline, looks like a 40% gain still left in the TANK. On the basis of pure technicals only. ONLY FOR EDUCATIONAL PURPOSESS
Reason for long a) QQE long breakout b)pole and flag breakout c) Wave 35possible d) Super vwap breakout e) Fundas okay g) SL compulsory
Reason for long a) pole and flag set up b) QQQE super bull set up c) weekly breakout possible d) SL compulsory e) Position sizing is important, but for annual target is 980
check our tata motors call on indicator for 150 points in 3 days
Tata Motors is ready to break out. If break out happens then we can see good move on UP side.