Tata technologies long term technical analysisTata technologies long term technical analysis for 4 years it will touch around 7000 to 8000
TATATECH trade ideas
TATA TECH - The slipping tech giantThe chart is self explanatory as always.
After forming a nice IPO range, The stock broke down.
Where do you expect this to stop?
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
Tatatech is ready to go upDivergences and price action, suggest Tatatech will test 985 in coming days.
As usual SL to be in place.
TATATECH : time to wake up now3. Tata Technologies Ltd
Analysis:
Wave Structure: A 5-wave corrective structure with Wave C reaching a deep retracement zone (113%-127% of Wave A).
Liquidity Zone: Indicates possible institutional accumulation near current levels.
Target Zone: Marked at 1160-1191 INR, aligning with Wave B retracement levels.
Stop Loss: Placed at 912.80 INR, just below the support zone.
Trading Plan:
Action: Initiate buy positions at current levels (948.75 INR) or near the 923-912 zone if prices dip.
Stop Loss: Place at 912.80 INR.
Targets:
First Target: 1160 INR.
Final Target: 1191 INR.
Reasoning:
Confluence of support in the retracement zone suggests potential for reversal.
Target aligns with historical resistance, providing logical exit levels.
Tata Technologies : Picture abhi baki haiThis has been very unique analysis for me. Technical analysis says it is bearish trend but if you see typical investor behaviour buy and forget, there seems to someone who has bought huge on 27 Aug 2024. Around 2.3cr daily volume.
Even after stock has crossed below same exit volume is not seen. Maybe exit has already happened. Maybe not. Maybe it is very long term investment.
Things not clear yet but for very long term might be a good experiment to keep on watchlist.
Maybe buy 10 qty and observe behaviour
TATA TECHTATA TECH made low as per my view it may not break 970 because it is trying to shift its range in rsi if it break recent suport there will be chance to aproach lowest low,
TATATECH S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Tatatech - IPO base breakoutTata Technologies Ltd.
IPO base breakout and consolidation.
Crossing last month high.
High trade and delivery quantity this month.
20EMA crossing 200EMA from below.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀
Stock Analysis Report
Stock Name : Tata Technologies Ltd.
Timeframe: Daily
Current Market Price (CMP) : ₹1068
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Trade Type
• Trade Type: Swing Trade
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Technical Analysis
1. Trendline Breakout:
The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal.
Following the breakout, the stock has successfully retested the trendline, further
validating the upward momentum.
2. Indicators:
MACD: Buy signal confirmed.
Oscillator: Buy signal confirmed.
3. Moving Averages:
The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend.
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Target Prices
• T-1: ₹1115
• T-2: ₹1150
• T-3: ₹1180
________________________________________
Stop Loss
• SL: ₹1045
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Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk.
________________________________________
Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "
Tata Technologies Ltd
Should take out all time high - Longterm Play.
Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.40% of company‘s revenue comes from its top two captive customers, Tata Motors and JLR.
Fundamentals
Market Cap
₹ 45,220 Cr.
Current Price
₹ 1,115
High / Low
₹ 1,400 / 970
Stock P/E
69.6
Book Value
₹ 79.4
Dividend Yield
0.75 %
ROCE
28.3 %
ROE
21.9 %
Face Value
₹ 2.00
Price to book value
14.0
Intrinsic Value
₹ 298
PEG Ratio
5.11
Price to Sales
8.82
Debt
₹ 257 Cr.
Debt to equity
0.08
Int Coverage
48.6
Reserves
₹ 3,140 Cr.
Promoter holding
55.4 %
Pledged percentage
0.00 %
EPS last year
₹ 16.8
Net CF
₹ 137 Cr.
Price to Cash Flow
154
Free Cash Flow
₹ 204 Cr.
OPM last year
18.4 %
Return on assets
12.6 %
Industry PE
38.8
Sales growth
15.9 %
TATATECH DAILY CHART ANALYSISTataTech CMP@1114.70
Stock Trading Above All Major Averages
ADX Trending
RSI Bullish
RS Bullish
Pattern will Negate Is Closes Below@970
Headed Towards 1280-1350
Tata technologies :- I am bullish on tata technologiesTata Technologies looking great it can touch its life time high 6to 12 month ,
My analysis is very Simple . I am using only price action support and resistance and keep things simple our target view is 17000-1800
Tata Tech - bullish reversalA small rounding bottom is also visible with first higher low after a long time, indicating a base & reversal is in making. Technically it looks good as long as 1030-1050 level is hold on daily closing basis, 1120, 1177 and 1230 are technical targets. Keep a view of 2 to 3 quarters.
another tata elxsi tata technoshowing reversal on weekly and daily chart...
fundamentals are great
great promoters
tata techno will be a leader in chip manufacturing in India
10k will be the target in 4 years
TATATECH1. Attractive at this price 1,066
2. Low risk and reward is expected
3. trendline break
4. we all knew, Tata is known for trust
5. Fundamentally strong.
and what else..... analysis and consider
Tata technologies2 Week high volume since IPO ,
Expect the stock to reach IPO price
Daily RSI above 60
Tata tech starting upwards journeyTata tech already formed a strong base at 960 and from there it has started upwards journey. First target would be 1100 and second would be 1250 . Fundamentals are good and at good levls for buying.
Tata TechEnter NSE:TATATECH at CMP, with an SL of 1010.
It seems that this gem from the Tata Sons empire is on the verge of an up-move in the coming weeks.
Those willing to hold it for longer horizons may hold it till a close below 971.4, post which must take an exit.
The formation of a reversal pattern post a prolonged downtrend, along with presence of a valid trendline with upto 4 touchpoints, makes this a significant breakout.
This may also be a good time to allocate to this stock, from a longer term standpoint.
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This is for illustrative purposes only. Do not construe this as investment advice
LONGBreak out from this resistance can push the price upwards, volume too increasing. Significant revenue growth. Fundamentally looks attractive. It can be core portfolio stock. Rest your money your risk. Its not a buying suggestion.
TATATECH / LINEAR REGRESSION In the chart analysis, the linear regression channel developed by "LonesomeTheBlue" is being utilized. Currently, the price is attempting to breach the upper boundary of the channel. A close above this line today could provide further confirmation of a potential breakout.
Despite this, the downward-pointing red arrow suggests that the downtrend prevails, Therefore, it's crucial for bulls to maintain protective stop-loss orders.
Key support levels to monitor are at 1010 and 970. Additionally, the Fibonacci retracement levels highlight significant price points to watch closely.
Long Due - Tata TechSince the IPO listing this stock has been consistently on down trend, Now finally it has shown some strength and signs to start the up trend. Volume buildup + breakout on charts are seen. Brokerages recently has started coverage on this. More visibility will bring more buyers on this counter. Looking 1250,1300 targets.
->Good Promoter group
->Good RR
->Reversal Signs
->Volume build up
->SIP can be done in this stock with every dip this stock can be added.
TATA TECH - Reversal on cards??🎯 The chart is self-explanatory as always.
🎯 A beautiful range-bound pattern
🎯 A strong reversal candidate
🎯 It will be interesting to watch once the price crosses the 1046 level
🎯 I like this price structure
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times.
Tata Technologies Long term Better support been observed at 1000 area and there is a reversal pattern expected. the maximum it can go down is 800. recommended for long term buy.
