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TATAMOTORSELLO GUYS THIS MY IDEA 💡ABOUT TATAMOTORS is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade.. IF you like my work please like share and follow thanks TURTLE TRADER 🐢
NSE:TATAMOTORSShort
by rebenga93
TATA STEEL www.tatasteel.com India's largest steel co. Tata group's second largest followed by tata motor ( JLR owner) and just behind leading IT giant TCS Net Sales grown 16.56% annually and Operating profit at 51.09% Low debt <20%, Commands high brand value Presence pan India, Europe, South asia and only expanding. Steel applications- Agriculture, automotive, engineering , construction, consumers goods etc Fundamentals- Its 2022, War is on in russia, west plays the sanction game, the world seeks for alternate players to supply. India stands to gain. If china moves next on taiwan, the game only accelerates for indian players, being a diplomatic ally of all with ease of trade and geographical advantage Inflations at ath, commodities to only get expensive, oil trades on $118 on date, aiming 2008 recession levels. READY FOR COMMODITY SUPER CYCLE ? ____________________________________ Short term 1950 long term- 5 years, 5x multiple Macro view -
NSE:TATASTEELLong
by EVOQUE5000