On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
The stock has been in consolidation mode since July 2023 in the range of 600/- to 660/-.
It broke out of this consolidation range and closed at 671.55 today the 15th Nov 2023 with a daily volume of 11.32 mil shares against the average daily volume of 9.03mil shares.
The stock has been consolidating above its all time high of 603.80 reached on 3rd Feb 2015,...
TREND - NEGATIVE
PRESENT ZONE-Inside DEMAND ZONE 1
FORECAST -As per ZONE
if DEMAND ZONE 1 breaks will target WEEKLY DEMAND ZONE below.
if not will target above SUPPLY ZONE 1.
MY TAKE-
As Trend line is broken will go to below EMAND ZONE 2
But successful tata tech ipo listing may make this calculation wrong.
(Note-only make entry at DEMAND ZONE's &...
Current Market Price (CMP): 688.65
Chart Analysis:
Tata Motors recently experienced a significant breakout from its range.
Achieved an all-time high, signaling positive momentum.
Broke out above the upper Bollinger band, indicating strength.
Confirmed a range breakout, enhancing bullish sentiment.
Support Levels:
Immediate support at 665.
Secondary support at...
Observed Demand formed after BOS ...
Expecting price may reach higher levels from this Demand..
In my view, Good to buy from 560 to 520..
Target 800 and above.. even looks good for long term..
Hi all - good opportunity to go long for TATAMOTORS.
Key Highlights:
1. Breakout of all time high resistance
2. Breakout from range consolidation
3. Breakout on high volume
Tata Motors looks good for a positional/swing trade.
Buying above Rs 346.90, SL Rs 339.30, Target to be updated soon.
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Wedge
📌 Symbol/Asset: TATAMOTORS
🔍 Description: Stock is around the resistance of rising wedge. We can see downside hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Tata Motors stock shows a good breakout upside in the weekly time frame. In the chart, stock prices move in a higher-high pattern formation, which is clearly a sign of an uptrend. For the Tata Motors stock on the 640 level, there is strong support.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
tatamotors hour candle has made 3 bottoms
if it respects the lower trend line of the triangle, in short period it can test 646
it it breaches the lower trend line than sell for 576.
look before you leap.
will it sustain above this to move further as per pattern and moving average trend or face resistance ?? watch onlyto learn technical analysis’s posted. no trade view
stock made a resistance 447 to 450 and multiple time got reject on resistance zone if break resistance zone and close hourly candle then it will give good upmove
- **Multi-Year Breakout:**
- The stock has recently experienced a breakout, covering multiple years on the charts.
- This implies a significant shift in the stock's long-term trajectory, often indicative of increased investor interest.
- **Strong Volume Confirmation:**
- The breakout was accompanied by substantial trading volumes.
- Robust volume...
