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TATA MOTORS FUTURES

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TATAMOTORS1! trade ideas

Tata Motors (Monthly) Date 14.04.2025 Tata Motors Timeframe : Monthly Remarks : 1 Started with upwards parallel channel with top of 600 2 Followed by W pattern after breakdown of channel with positive divergence 3 Previous W pattern neckline = 50% of Fibonacci retracement is critical area 4 At present closed below both confluence zone followed by some pull back 5 The current pull back area is also make or break zone which is neckline of cup & handle 6 At present around 42 is rsi double bottom, hence below 42 is further weakness 7 Until & unless monthly closes above 50% retracement + neckline do not average, if long side 8 From cup & handle neckline to 50& retracement + W pattern neckline this entire zone is watchful & no swing or long position should be built within 542-618 9 At present under wave 4 & as per wave principle, wave 4 should not breach wave 2 10 Wave 2 was at 376 & 61% of wave 4 = 486 Few Additional points Pros 1 Company has reduced debt. 2 Company has delivered good profit growth of 93.1% CAGR over last 5 years Cons 3 Promoter holding has decreased over last 3 years: -3.83% Revenue Split 1 Jaguar Land Rover - 78% 2 Commercial vehicles - 13% 3 Passenger vehicles - 6.8% 4 Finance business - 1.8% Market Share (In India) 1 Passenger vehicles - 11.44% 2 Commercial vehicles - 44.23% Few Points From Valuation 1 Stock PE - 6.88 2 OPM - 13% 3 ROCE - 20% 4 ROE - 49% 5 Book value - 2X Regards, Ankur
NSE:TATAMOTORS1!
by AnkurSingh
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.
NSE:TATAMOTORS1!Long
by CA_Anand_Navander