Tatamotorsshort
TATAMOTORS--Long Or Short??The stock is recently broken the previous resistance @590-605 zone
price broken and retest is observed...
if price failed to move upside...will get an opportunity to enter short side...
This stock is continuously in uptrend from long time...this is good opportunity to continue with this stock in upwards....
Keep safe...
TATA MOTORS SELL Welcome. As per my analysis of Tata Motors stock. There is a high probability of a bearish move with a very negative candle in the last channel of the Pitchfork orbit. With a very large red confirmation candle on the daily chart, it indicates a strong entry of sellers into the stock. Good luck everyone
TATAMOTORSobservations::
Price enters into the monthly resistance area...
where a strong fall is observed in this area.
we have a demand zone @440 range...
while breaking the resistance @480-500 range price leaves a demand again....
Now price is near to previous gap down range..
no sign of bearishness is observed...
if the gap acts as resistance will observe a fall again...
keep track these levels...
TATAMOTORS-At all time high, Continue or Reversal ??Observations:
-------->>After a strong bullish gap up price moved to upside strongly, to reach the All time high, if price is sustained at this levels or falls below to the lowers.
--------->> Now price is at Resistance ,Strong fall is observed from this levels ,previous resistance.
----------->>previous resistance broken strongly. If previous resistance acts as a support we will expect a price to move upwards again from 490.
---------->> Keep an eye on these levels.
Watch these levels. carefully
TATAMOTORS--Ready to fall ??Observations:
-------->>After a strong bullish gap up price moved to upside strongly.
--------->> Now price is at Resistance and sellers are aggressively taken the charge to move the price back to 440 zone, where previous resistance
broken strongly. If previous resistance acts as a support we will expect a price to move upwards again from 440.
--------->> Consolidation+ Rise is observed.
---------->> Keep an eye on these levels.
TATAMOTORS SHORTTatamotors has broke down the support zone for fourth time.
As the current trend of market is bearish, the chances of this stock falling is quiet high. Wait for a strong bearish move and then only make future positons.
As this month is about to end, it is good to make short positions for January month.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
TATA Motors Wedge breakout-- INTRADAYHello Fellow Traders,
Hope you are doing well. Tata motors after big rally need to cool off a bit to fill the potential gaps that is around 287-288 which aligns with the Fib level 61.8 . We will definitely most likely see a small profit booking then jump to higher levels again my stops will be just above the wedge and Targets will be 300,288 but along the way I will trail the stop loss to BE as it goes in my favour.
Short positions are risky. But, We have stops incase the market humbles me.
We are good and let's see how it goes.
Good Luck Traders