TATAMOTORS trade ideas
TATAMOTORSNSE:TATAMOTORS
WAIT FOR A STRONG CLOSE ABOVE THE TRENDLINE !
IT SHOULD BREAK THIS TIME .
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
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
TATAMOTOR CLASSICAL BREAKOUT The price taken support at support zone+ CIP level and moved again towards the upside level and price finally breaks the downwards trendline channel where price was taken resistance again and again. Volume also increasing of breakout candle. If price sustain above the breakout zone than price can move sharply towards the upside. The support zone is 400 and targets will be 492/512/533 possible towards the upside level.
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.
Multi Months Consolidations BreakoutLarger the consolidations Stronger the Breakout . Swing Low act as a Stop Loss
Tata Motors | Long consolidation waiting for positive action
Tata Motors has been consolidating in a descending triangle since Oct 2021. Since this long consolidation has come after a rapid rise in prices from end of 2020 to Oct 2021, and heavy buying volumes are seen at 380 levels which is bottom of the triangle, a huge up move can be expected as the stock breaks out of the downward sloping trendline and targets up to 550 can open up. While a close below 380 can lead to fresh shorting in the counter.
BuyThis channel is about sharing my views about the Indian stock market. I am not SEBI registered. This channel is only for educational purposes. Before taking a trade takes a suggestion with your Financial Advisor (or) Trade at your own risk. I am not holding any position.
Short-term bullishness is showing in TATA MOTORS with the T1 500 T2 525
tata moters swing trading idreaAs for Tata Motors, it is an Indian multinational automotive company that manufactures a range of vehicles, including passenger cars, commercial vehicles, and military vehicles. The company's stock is listed on the Bombay Stock Exchange and the National Stock Exchange of India, as well as on the New York Stock Exchange in the form of American Depositary Receipts (ADRs).