TATA MOTORS TATA MOTORS Should be in your watchlist its gave breakout on daily chart with 2 rounding bottom pattern as well as on weekly chart.
Wait to Breakout retest or consolidation.
CNX Auto also given breakout with same chart pattern.
TATAMOTORS trade ideas
Tata Motors - SwingTata Motors #thepowerhouseideas- Follow youtube for learning
Breakout of major resistance
Volume coming
Targets mentioned with "orange" dashed line
May retrace a bit, so can be accumulated till 350-55 levels
Safe SL - 265
(Only for educational Purposes)
Tata Motors BreakoutBreakout after 8 months of consolidation..................................................................
rounding bottom stock formed rounding bottom, breakout with volumes with wide spread , its simple price action setup , price is above 50 and 200 MA which setups bullish bias . but price is extended too much for entry so add only 25% quantity of what u want to add on high break and add rest quantity on pullback or if price sustain . so if it fails you loose less and if it makes then u make better .
sl below - current candle (if its big for u just wait for pullback)
Tata motors sell Tata motors sell based on the support and resistance
this share is swing trading
Entry 340
Target 284
Stop loss 355
Its my personal view only.
Wedge Pattern Trendline supportTata Motors has taken support on wedge pattern bottom trend line and closed higher high on on current timeframe as long as not closing below the marked demand zone expected to reach the target given on the chart. Let' see.
Happy Investing!
TATA MOTORS 15MINTATA MOTORS is making atringle pattern can also make a head and shoulders pattern from here or can do a breakout.
$TATA Motors --> Buyside Long$TATA motors seems to be retracing back up towards 600INR on the positive buyside, and recently has been picking up some support levels. As always, this is on an opinion based basis and not financial advice. Information provided is "as is".
TATAMOTORits good pattern head and shoulder pattern ,when u have invested good company and u did all the rewards u got
Tata motor There is a order block seens thats why market is volatile and price move up from red zone and atleast up arrows sing.
Tata motors to the targetTata motors to the target of major resistance level at 355.
It has done a breakout at 310.
As long as there is no restriction upto 355, we can expect a target of 355.
Short TATAMOTORSConsidering the present push on EV, combined with the cupply chain issues for semiconductors as well as global metal indicies meltdown, the cost of production will significantly be lower for the quarter, and once semiconductor supply is restored, the backlog will clear, paving a clear bull run in the stock. However, till uncertainity is there, i would consider holding a short position and take short term advantage of the movement.
TATA motors Inverted head and shoulderGo long upto 350 as tata motors breakout inverted head and shoulder chart pattern. Thanks.
TATAMOTORS Daily Time FrameTata motors Consolidate the level 270 - 360 for a long time once its break above target will be 430 or its break below target will be 197.
TATAMOTORS The auto sector looks weak for a while now because of the low demand in pandemic and it will surely emerge from it when everything will be in order.
So TATA motors is also having bad times as you can see on the chart, breaking all its support. buts there is something interesting happening in the company which is looking promising .
First, have a look at the negatives.
1. Company is losing its market share in CVS and buses segment.
2. Chip shortage is looking serious.
3. Increasing debt up to 142,131.
4. The company has delivered a poor sales growth of -1.76% over the past five years.
Now let's see what good is happening.
1. Record order bank of 110k units at 30th June of JLR amid chip shortage
2. JLR through its REIMAGINE initiative aimed to achieve clean mobility and connectivity by 2025.
3. In INDIA tata motors achieved 10% quarterly market share after 9 years.
4. Nexon (CUV), Tiago (Mid-Hatch) , Altroz (Premium Hatch) are ranked number 2 in
their respective segments.
5. EV penetration is at 3% of the portfoilo.
6. Currenty leading INDIA's EV story.
TECHNICAL ANALYSIS: Stock is between R284 and S260 . currently, it is 20% down from its recent high and may it will fall more to 260 level which is a very strong supply zone.
CONCLUSION: Chip shortage and effects of the pandemic will be gone after few quarters and as far as debt is concerned, yes it can hinder the growth of the company.
But those good things will definitely help in increasing the valuation of the company if all goes well.
Tata Moter Gears Up For Long BOOMtata moter expecting a long bounce after time in preparation it`s a good time to invest now
Trend meets its trend lineprice was doing great but since it made double top it was in a bearish trend.
this bearish trend meets its support near lower trend line. than it got coronavirus reset since than it is in bullish trend
this trend reversal started near white lower trend line has reached upper white trend line.
what next for price from here ?
it has made its 50% retracement of bear market
price is testing upper trend line which has made fake breakout near blue arrow inside yellow ellipse than breakout than retracement back to trend line before making double top. which increase the importance of this upper white trend line
bulls buying at the bottom taking profit at 50% and upper trend line
price at the upper trend line of blue channel
bullish breakout or retracement from here
Tata Motors DVR heading towards 200-210# The stock has completed a 7 months consolidation and is appearing to be breaking out.
# The volume profile suggest that more than 90% of the volume has happened below the current price of around 164 in last 4 years.
# This suggest that majority of sellers are out and the rise from current level towards the target might be swift.
# A fibonacci retracement of the complete fall from sep 2016 level to march 2020 bottom, suggest a target of 200-210
# Tata Motors main shares has already crossed 50% retracement.
# fundamentally the valuation is very favorable for the dvr shares as it is exactly equivalent to main shares with just reduced voting right.
# With promoter change risk out now and the possibility of value unlocks from EV business along with increasing mkt share in PV business, the discount to main shares will gradually reduce.
# ICICI prudential MF has taken its holding to 15% in DVR which is a confirmation of what we are thinking here.
TATAMOTORS Swing Trade AnalysisDouble Bottom pattern in daily time frame and yesterday breakout
Ist Resistance Zone: 305.45-317.45
15 mins strong volumnous candle with RSI>60 broken this range
Next Target 334
2nd Resistance Zone: 334.3-339.15
Next Target 350
