TATAMOTORS trade ideas
Tatamotors ViewTatamotors given break out on chart. Key level is 147.90. which is already breaked. Buy on dip simple.
Tata motors - Resistance at 188 is expected on 1 hour time frameResistance at 188 is expected no 1 hour time frame
Analysis For Tata Motors Buy above 155Hello all, here I have formed one support and one resistance area. If the stock breaks the resistance area and moves up 155 and gives a close above 155, then you can buy.
Tata Motors - Intraday Trade SetupTata Motors CMP - 183.60
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 182 / Stop Loss - 186
Target 1 - 180
Target 2 - 178
Target 3 - 175
Disclaimer: This is my view and for educational purpose only.
TATA MOTORS CHART LOOKS GOOD...GOOD FOR BUYING AT THIS LEVEL..WITH MARKET CAP - 55,929Cr. rupees ONE OF THE HEAVYWEIGHTED STOCK...
CMP : - 169
TGT : - 176/180/190/200++++
POSITIONAL... FOR ONE MONTHS....
STOCK IS TRADING AT 0.84 TIMES ITS BOOK VALUE..
FOR DETAILED INFORMATION READ OUR BLOG....
TATA MOTORS 4HRDaily Crab & 4HR Crab forming strong potential reversal zone at same level
Vertical dotted line is ULTRA HIGH VOLUME
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
TATA MOTORS LTD Daily Bearish Crab
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Spreads are getting narrow
SET UP BECOMES VALID ONLY when RSI is below 70 and with low volumes & with NO DEMAND l.e place for short
POTENTIAL SELL
TATA MOTORS: BULLS MAY SPEED UP TO 200TATA MOTORS HAS FORMED BULLISH CHART PATTERNS ON DAILY AND H-1 TIMEFRAME, THERE ARE MULTIPLE CONFIRMATIONS WHICH SUGGESTS STOCK MAY RALLY UP TO INR 200 MARK IN MEDIUM TERM (1 MONTH).
DAILY CHART
DAILY CHART HAS FORMED ASCENDING TRIANGLE ON DAILY CHART, WHICH HAS GOT CLEAR BREAKOUT TO THE UP SIDE, SUGGESTS IT MAY RALLY FURTHER TO THE NORTH.
HOURLY CHART
LOWER TIME FRAME (60 MINUTES) HAS FORMED BULLISH FLAG PATTERN, WHICH ALSO GOT BREAKOUT TO THE UP SIDE, ALSO ADDS CONFIRMATION ON BULLISH BIAS ON STOCK.
TARGET CONFIRMATIONS
1) INR 200 IS PROJECTED TARGET AS PER BULLISH FLAG BREAKOUT PATTERN, WHICH IS ALSO PSYCHOLOGICAL ROUND FIGURE NUMBER.
2) 1.618 EXTENSION OF FLAG POLL ALSO SUGGESTS TARGET PROJECTION AROUND 200 MARK.
3) DAILY CHART HAS ALSO GOT SUPPORT & RESISTANCE AROUND 200 MARK, SO THAT MAY ACT AS MAGNET THIS TIME ALSO.
SO, WAIT FOR STOCK TO RETEST HOURLY FLAG RESISTANCE AREA AROUND 172-176 FOR ENTRY REASON.
ENTRY: INR 172-176
STOP LOSS: INR 158.75
TARGET: INR 199
TATA MOTORS LTD Daily Bearish Crab
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
TATMOTOR TARGET=195,240. STOPLOSS=150-155Tamo has given multiple breaKout in almost all the timeframe.. Looking good or short term position.
personally holding 1000 quantity @163
Tata Motors predictionAfter retest to a blue Major level either bearish or bullish can be taken trade respectively. Yellow lines will be your targets
happy profits
Tata motor , volumes are insanely high on weeklyTata motor may come to test the level of 161-163. one can take entry at this point. target would be 200.
if we see the volumes , 300 -400 target in 4-6 month period can be achieved easily but current situation of the market is very volatile. long positions should be considered according to risk taking ability .
if we see other side , auto sector should not be affected by market conditions. due to corona fear people will prefer to travel in personal vehicles instead of public transport. demand of ambulances , govt policy of limitation of people in public transport may come in future which will increase the demand vehicles .
currently auto sector is posting good results which is good sign for tata motor . i think one can take risk of holding tata motors
tata motor , volumes are insanely high on weeklyTata motor may come to test the level of 161-163. one can take entry at this point. target would be 200.
if we see the volumes , 300 -400 target in 4-6 month period can be achieved easily but current situation of the market is very volatile. long positions should be considered according to risk taking ability.
if we see other side , auto sector should not be affected by market conditions. due to corona fear people will prefer to travel in personal vehicles instead of public transport. demand of ambulances ,govt policy of limitation of people in public transport may come in future which will increase the demand vehicles .
currently auto sector is posting good results which is good sign for tata motor . i think one can take risk of holding tata motors
Visual guide to Elliott wavethis is visual guide to Elliott wave
buy low sell high
when you draw 135 bullish impulsive wave and abc corrective wave every support and resistance become visible.
Guidelines
Wave 2 never retraces more than 100% of wave 1.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation
TATA MOTORSTata Motors has a strong global network of subsidiaries and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. Our international footprint was established with our first export in 1961. Today, we have around 103 direct and indirect subsidiaries, 10 associate companies, 3 joint ventures, and 2 joint operations spread across India and abroad.
www.tatamotors.com
With manufacturing operations in the UK, South Korea, Thailand, South Africa, Indonesia, Austria, and Slovakia, our international footprint has expanded through joint ventures like the strategic alliance with Fiat and Brazil-based Marcopolo.
Overview
With over 8.5 million Tata branded vehicles plying globally, Tata Motors is among the select companies in the world to offer an extensive portfolio to its consumers. We have expanded our international footprint through exports since 1961. In passenger vehicles, the company has a strong presence in the hatchback and the sedan segment, going up to SUVs and MUVs. In commercial vehicles, Tata Motors offers a wide spectrum of vehicles that are customized for local conditions and meet the highest standards for quality, safety, environment norms, and user comfort. Today, the Tata Motors group is present in over 125 countries, with a worldwide network comprising over 8,400 touchpoints. Tata Motors has R&D centers in the UK, Italy, India, and South Korea. With vast global experience, the company brings a deep understanding of customer expectations from diverse markets and is well-positioned to cater to ever changing automotive norms and consumer trends across the globe.
www.tatamotors.com
Leadership
Our board of directors inspires, motivates, and guides the organization to greater success by defining new and exciting horizons to scale. Senior leadership, comprising eminent industry experts who bring a wealth of knowledge, works to achieve the vision and mission of the organization by setting high standards of performance and excellence.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
TATA MOTORS forming beautiful patternTATA MOTORS forming beautiful pattern and taking support on trend line. Target of 200 in 3-6 months.
PS: All charts are for Educational purpose only.
