Tatamotors
TATA MOTORS IS INSIDE THE GOLDEN ZONEHi Traders,
This stock has broken the weekly trendline. The price is now trading inside the golden zone. There can be a retracement back to the weekly trendline.
We can safely trade this retracement only if price forms a reversal chart pattern at this golden zone.
If the price close above 172.70 can change the outlook of this counter to bullish. Because there is possibility that price can move in range within the goldenzone and 172.70 or the weekly trendline.
For queries feel free to comment and like.
Happy Trading.....
Short term Bullish TrendIchimoku Cloud is in green. The MACD crossover happened today on a positive side. Which means this stock can easily give around 10% profit in the near future. Momentum is at 10 which is above 0 and it is upwards. Tradingview analysis is very bullish on a daily chart.
I don't see a bearish. Some traders fear bearish trend. I don't see a reason behind it. This is purely my analysis. I don't recommend investment. DYOR.
Trendline Analysis of Tatamotos on a weekly time frame.The script is expected to give a decent breakout if volume is generated. Do keep this in the radar.
TATA MOTORS : 26 AUG 20 :WHAT A GOOD SIGN IT IS, ALL ARE POSITIVE, CAN YOU TELL ME WHAT ARE ALL THE OPPORTUNITIES HERE?
1. IN DAILY CANDLE IT IS UPTREND
2. FOR SEVEN DAYS IT IS IN DOWN TREND
3. NOW IT IS AGAIN STARTED TO MOVE UPWARDS
4. WHAT TYPE OF LUCKY PATTERN IT SHOWS IN 1 HOUR TIME FRAME?
FRIENDS SEE ALL MY PUBLICATIONS IF YOU LIKE MY PATTERNS, THEN LIKE ME AND SHARE WITH YOUR FRIENDS AND RELATIVES THAT'S WHAT A MOTIVATION FOR EVERY REAL FACT HUNTERS.
IT IS THE W PATTERN IN THE CHART OF 1 HOUR.
Only for education purposes and Bullish heroes- Check the weekly trendline before going bullish on this
- some might say that this could be a breakout but there's a head and shoulders patter in 3 hrs frame
- wait for a move and then enter or exit from this
- most of the patterns are showing a bearish trend only
- this is just my opinion
Tata motors formed head and shoulder pattern at the topTata motors formed head and shoulder pattern at the top, once break down 119 level will fall to its dynamic support
Tata Motors Breakout from the triangleThe chart patterns has shown the clear breakout from the triangle with the confirmation of sustenance outside the triangle for a continuous 3 days.
TATA MOTORSHELLO!! Tata Motors is again a very good stock and in an uptrend but maybe there will be a bit of retracement till 109 but after that, it will again boost up as it is forming pole and flag pattern. #my_view #learner
TATA MOTORS In this chart, Tata Motors are making a symmertical triangle on daily chart, If the tata motors will break a line downside, then it will touch 98-97 levels. But the tata motors will break a line upside then it will touch 112 levels. Don't do anything at current levels.
On a daily chart, short term support in downside 90 & strong resistance on upside 130.
Tata Motor's chart is neutral, neither bearish nor bullish on chart.
Tata Motor's chart is also neutral but Monthly chart is bearish.
If you have any queries, please feel to contact us on facebook page - @MK0Advisory.
SPOT: TATA Motors Current Price 103.65 SL108 Target 95 soonSPOT: TATA Motors Current Price 103.65 SL108 Target 95 soon
Educational Analysis - Tata Motors Symmetrical TriangleBreakout of flag pattern might happen tomorrow as per auto sector's bullish trend on 28th July.
Alternatively, might reject and break down at the lower side of the triangle which seems highly unlikely looking at the currents trend.
TATA MOTORSlong above 106.35 for targets of 106.95,107.5,109.5
with sl of 105.3
buy at your own risk
TATAMOTORS - LongsetupTATATATATATAMOTORS - Long Setup
Exit once the Diag trend line is engulfed
Note:
Only Educational Purpose
Symmetric Triangle breakout Done - PSAR Bullish nowSymmetric Triangle breakout Done Today.
Stock strikes with High increase in Call and Put OI and Aggressive New Long position buildup.
PSAR is showing Bullish while stock Relative strength is increasing.
Showing BULLISH in all indicator:
CCI is Treading UP
RSI is Treading UP
Stoch is Treading UP
PSAR is showing Bullish
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Support : 100 and 95
Breakdown : 107.5
CMP : 109
Breakout : 111
Short Target : 115 and 120
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(Disclaimer: This is only for educational purpose.)
