TATAMOTORS next week in UP trendTATAMOTORS may move in UP trend to cover up the latest IMBALANCE price moves happened, if this cover up happens in a balanced way then this UP trend may last long for couple of weeks.
TATAMOTORSV2024 trade ideas
Tata motors futureFinding difficulties in closing below 875-900 support zone on weekly closing bases seeing small accumulation around support zone of 900 .if holds on to 900 level on weekly closing bases can see follow up buying and move towards 1000 levels and above in next few weeks .this are my personal views o might be wrong to .
TATA MOTORS LTD - BULLISH SYMMETRICAL TRIANGLE BREAKOUT1 . Chart Pattern - Bullish Symmetrical Triangle
2. Chart Pattern Description -
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
3. Trading rule of Chart Pattern -
The Symmetrical Triangle pattern is a common chart pattern used in technical analysis. It is a continuation pattern, which means it often leads to the continuation of the existing trend. Here are some key trading rules for the Symmetrical Triangle pattern:
Identification : Look for a price chart where the price is moving within converging trendlines, with lower highs and higher lows. The trendlines should meet at a point, forming a triangle.
Entry Point : Traders often enter positions when the price breaks out of the triangle pattern. If the previous trend was bullish, a breakout above the upper trendline is a potential buy signal. If the previous trend was bearish, a breakout below the lower trendline is a potential sell signal.
Volume Confirmation : It's essential to see a noticeable increase in trading volume when the breakout occurs. This can help confirm the strength of the new trend.
Price Target : To set a price target, you can measure the height of the triangle at its widest point and add it to the breakout point in the case of a bullish breakout, or subtract it from the breakout point in the case of a bearish breakout.
Stop Loss : Implement a stop-loss order to manage risk. This is typically placed just beyond the opposite side of the breakout point to limit potential losses.
Confirmation : Wait for confirmation of the breakout. Sometimes, prices can briefly break out of the pattern but then return within the triangle. It's generally safer to wait for a close above or below the trendline before acting.
Time Frame : The duration of the pattern can vary, but the longer the consolidation within the triangle, the more significant the potential breakout.
Remember that no trading pattern is foolproof, and risk management is crucial in trading. Use the Symmetrical Triangle pattern in conjunction with other forms of analysis and risk management strategies to make informed trading decisions.
Tata Motors hits over 6-year highTata Motors hits over 6-year high; up 40% thus far in 2023 on solid outlook
On June 2, Tata group signed an outline deal with the government of Gujarat to build a lithium-ion cell factory with an investment of about Rs 13,000 crore
Tata Motors already has a plant operational at Sanand, and has also acquired the adjoining Ford Motors' plant. The process of integration of the two plants has begun and may take up to one year to complete
#TATAMOTORS possible to buy#TATAMOTORS trading 474.5 formed bullish pattern,
Today trading our retracement level,
we can buy above 474.5 and tgt 481
SL: LIVE
TATAMOTOR Looks Bullish for Swing TradeTata Motors looking bullish for Short term, took Trendline support. Looking to Go long around CMP @ 435with Yesterday's Low as the Stoploss and Targets Expected are 446
TATA MOTOR INDICATING CLEAR BREAKOUTtata motors indicating clear breakout from channel , with auto number coming in , we can see a breakout for target of 425 to 430 , further one can hold this stock for july expiry with target of 440 to 445 .
Short Tata MotorsShort Tata Motors stop loss 529 target 480 extended target 468 454 432 420
bearish harmonic pattern
TATA Motors Shorterm Target.Due to the shorterm price escallation and wanted to sonsolidate for a longer term. Auto Sector will be a huge under performer in the coming days. Passenger vehicles are already facing chip shortages that is yet to overcome. Macro factor like inflation is are real worrying factor for the auto sector. Once the price started fall from the current stage will bring the stock to the 33% Retracement as per the trend factor.
Tatamotors may touch 490 in line with Niftyup, 3to4 daysTata motors may reach 490 in 3 to 4 trading sessions inline with Nifty up.
Buy Tata MotorsMy MT (Medium Term) pick for today
Buy Tata Motors :- 331.30
Stop Loss :- 325.00
Targets :- 338.00 / 343.00
Tata motors 1! ChartTata motars make a head and solder pattern 1hours and 15 min candles chart so high Propablity, market going short side
TataMotors - Make or breakIts making inverted flag pattern and the triangle
Wait for the next move tomorrow.
PS: Educational purposes only.. I am not recommending anything!
Tata motorTata motor
- Stock is trading in the cup and handle pattern.
-Stock break and sustain above 345 Next level to 360/380/400/430 levels .
-Support is near 330 level on chart.
tata motors Short Buildup There is a continuous short buildup in Tata Motors for Las 4 days and at last, it has given a breakdown today.
We can expect a RR of 1.5 from the trade.
TATAMOTORS FUTURE SELL CALL Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose
