TATAMOTORS trade ideas
Super Bullish with Runaway GAPTataMotors has been in uptrend for a while and for last few days it has become super Bullish. Today it opened with a runaway GAP. It seems smart money wants to take it much much higher with in a short period of time. Something has been cooking with in the company that smart money know but it has not come out as news for general public and retail investors.
GAPS are created when smart money doesnt want to pay its Toll on the road while taking a stock higher. Retail investors can take advantage of this gap to enter at market price and hold this position for long term. Just jump the wagon while its still slower to ride the rally.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Tata Motors - Sideways CorrectionTata Motors is now in sideways market.
If the sideways market breaks downwards,
correction will continue for the rally ranging between 63.5 to 376.6
Or if sideways market doesnt break downwards,
and reverses at 280 it will go to the sideways top at 350.
When market closes at 360, then up trend will continue
and its target will be from 480 to 500.
Tata Motors - Long TATA Motors CMP - 313.10 *Positional Trade Setup*
Breakout and looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range 300 - 305 ONLY / Stop Loss 278
Target 1 - 350
Target 2 - 375
Target 3 - 400 / 440
Disclaimer: This is my view and for educational purpose only.
TATA MOTORS as on 10.10.2021A GOOD CONSOLIDATION WAS SEEN IN TATA MOTORS!
BREAKOUT DONE!
Volume was also quite awesome!
Can make a retest and then move!
50 EMA AND 200 EMA giving a good support to stock!
Previous target of tata motors was hit within a month!
TARGET PRICE= 440/442
STOP LOSS=354/350
(the above analysis is only for study purpose do not take it as any buy or sell call)
TATAMotors ShortTerm Trade & Long+Mid Term Investing OpportunityStock broke down in the previous triangle pattern due to news regarding chip deficit and is nearing the strong support zone around 285 RS. It may find support and undergo a reversal rally within the current prize channel or breakdown causing further crash. Brokerage Houses around the world are bullish on the stock. Stock is good for traders to enter or for long term investors to enter as this price acts as a strong support zone preventing further downside with upward potential.
Enter The Stock after confirming support around RS 280-290.
Target Price - RS 338-355 (Near the Resistance for *Traders*) (*Investors* Can Hold on to the stock without exiting the trade for medium to long term investments)
Stop Loss - RS 260-250 supported by strong support and 200 EMA below (For *Traders*)
Risk Reward Ratio for Traders - 2:1
DYOR before taking action. No Trade can be 100% Successful. Position Sizing Is Important.
Also note for investors - This is not a Investment recommendation. It is just a good price level to add up stocks or newly invest into TATA Motors due to technical situation of the stock.
TATA MOTORS 26-9-21Tata motors which witnessed sharp selling from 360 levels due to semiconductor chip shortage , is ready to make a comeback. It has broken the 317 resistance , made a high and has now successfully tested it. Wait for an up-trend in lower time frame for confirmation and then invest.
Ps : For educational purposes only.