Tata Motors - target Rs. 160 (Can happen before Jan 2021?) What are we talking about?
Tata Motors Target Price Rs. 160 before Jan 2021
I have been talking about Tata Motors on FQZ Investments as well. We can see it touching Rs. 160. The stock was trading very low (almost 10% down the current price before Quarter Earnings Result and now we are seeing volumes... can we push it to Rs. 160 or higher levels?
Elliott Waves setup is good, however, we need overall Nifty Strength! - What is your take?
TATAMOTORS trade ideas
TATA MOTORS FUTURE PRICE AND TIME USING LR SLOPEThere are some methods available to predict whether,distance,speed in physics.Like that we can predict herd mentality and using mathematics.
linear regression is one of the method to find the Standard deviation of a moving data (daily price movements).The two variables price and time
are the main ingredients we have for trading or investment to increase our wealth. OK. Is there a tool a simple tool to show us the future price of a share?
share price movement in one direction (up or down) is the key to make money . After one big movement if the stock is moving in the same direction then using LINEAR REGRESSION SLOPE we can find the path of the stock.Using FIBONACCI Retracement levels we can easily find the target price.
As an example I Took TATA MOTORS to find the time to reach 50% Retracement of Recent fall ( All good stocks to test minimum 50% of fall)
The LRS gives me an approximate time as MAY 2, 2022 and the target is Rs330
please BUY in cash market,present price Rs 139
TATAMOTORS - Near Imp levelsTATAMOTORS - Near Imp levels
It has been trading in a narrow range for the past many weeks.
And Previous price action looks quite good, hence holding 124 - 127 levels, which can take stock towards 190- 200 levels.
Trade type: positional support trade
Trade at your own risk.
TATAMOTORS - Elliott wave analysis - Sell on bounceTATAMOTORS - It is in 2nd wave of C wave down within ABC flat correction. The ABC flat is the part of Y wave in WXY complex correction. Sell near 136-140 zone with stop loss above 143.25 for target below 122 as Y wave.
Give thumbs up if you really like the trade idea.
TATAMotors Symmetrical Triangle 4HRA Symmetrical Triangle is a "bi-lateral" pattern, meaning it could break in either direction.
This means we need to plan for both Short and Long situations. Our target is (pattern height * chance of success) 32.35*0.58 = ~18.76$ from breakpoint.
Entry: Wait for pattern to break in either direction + 1 bar for confirmation
TP: ~18.76$ from breakpoint
SL: Last swing point, Short SL: ~137.75, Long SL: ~126.70
R/R: Will update after breakout.
Pattern info: thepatternsite.com
TATA MOTOR BUY - Decending broadening wedgeSAFE TARGET AND PATTERN TARGET GIVEN. Dending broadening wedge
Disclaimer: Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. I am not liable for any losses or damages you may incur—this means that you alone are responsible for your actions in any trading or investing activities.
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