TATAMOTORS trade ideas
TATAMOTORSELLO GUYS THIS MY IDEA 💡ABOUT TATAMOTORS is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
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TURTLE TRADER 🐢
TATA MOTORS - JUST A VIEW 📊 Script: TATAMOTORS (TATA MOTORS LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO
📊 Sector: Automobile and Auto Components
📊 Industry: Automobiles, Passenger Cars & Utility Vehicles
Previously 448 Level was working as resistance level after it breakout it may work as Support level .
Keep an eye on TATAMOTORS.
It may take support at mention level or it will break and if it breaks support level one can go for SHORT.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Buy Long TATAMTRDVR at 241 for Target of 291,SL-235,NSE:TATAMTRDVR Cup and Handle pattern break out with huge volume
Keep Tata motors stock in watchlist.Tata motors stock has been in bull run since last 2 years.
Observing the weekly chart shows a clear formation of Inverted Head & shoulders pattern in the stock.
It can test the neckline definitely in near future which is around 500-520 which is almost 7-8% from CMP.
A weekly closing above 520 levels or above 52 week high of 537 can make the stock move to its ATH levels of 600 and above.
TATAMOTORS breakout 14% MOVE UPSIDETATAMOTORS has given a breakout and retesting nice entry opportunity to enter
REASON TO ENTER
1. Breakout
2. High volume
3. Retesting
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
TATA MOTORS DAILY TIMEFRAME BREAKOUT TATAMOTORS has broken a crucial resistance of Rs 460-466. if sustains above this can ascend to 504.
After break out this has come for retest.
High probable that this would sustain as this range is being tested for 5th time. If this resistance is broken than this will act as support.