Tata Motors - Bottom 1 or 2?Tata Motors has been in a prolonged period of consolidation since February 2015 and could have already completed this consolidation, or if the C of the Y expands, close the $ 10 to December 2018 downtrend in the next potential trend reversal area. To prevent the second target from being activated, the bulls must now show strength.
Tata
Tata Globals will continue to go down more...Tata Global Beverages Ltd almost 40% down from its 52 week high.
It may continue its downward journey atleast 20% more from current price.
Its PE ratio is also inline with industry PE ratio, which indicates uptrend from here will make this stock overly bought/ high price.
Bottom fishing can be done starting from 150-160 range for a long term perspective.
TTM (TATA Motors) ready to bounce?I am not sure if I want to wait for a retest of this area or just get into the trade now. R:R ratio is decent anyway
TATAMOTORS - BULLISH SETUPHi traders, TATAMOTORS is still Bullish. Don't miss this long.
As per my analysis, price action shall further move up to the below targets.
Entry: 302 (or) Entry @ CMP
Take Profit: 424 (TP1) & 546 (TP2)
Stop Loss: 180
Risk Vs Reward Ratio: 2
Go long the TATAMOTORS ; Good Luck
Long @ 2407Strategy: Buy @ 2407
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TCS was on uptrend and correcting it's uptrend after hitting 2700 resistance zone. Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can provide good support level here to go long.
Tata Chemicals : Short Opportunity [Bearish Cypher]We got a Bearish Cypher which offers us better Risk:Reward compared to the usual ones we trade.
Some may have noticed earlier and got into trade and if you haven't then here is your chance still valid to enter the Trade with lesser Risk.
Choose your Stops and Targets wisely according to your Plan.
Hit Agree if you like the Idea..
Share your views/opinions in Comments...
Thanks
Happy Trading !
Tata Consultancy Services (TCS,D) - Chance for Pushdown !A perfect double top is formed in the resistance zone itself.
Q4 results are coming on Monday ( 18.04.2016), so keep a note of it and trade accordingly.
If all goes as our study , we are looking for 100pts downward move.
Trade Safe ! Happy Trading !