Tata
TCS@3306 Make or Break LevelTCS is making higher lows and is trading at High with rising rounding pattern which looks good, but current price is more than the intrinsic value. Therefore it's suggested to wait till it corrects to S2 levels as specified on the charts.
If there is breakout with volumes then wait for to get price @3306 or if you are looking to enter at current price then invest 25% of the capital and further can invest accordingly at the dips .
Fundamentally very strong stock. Any correction is buy opprtunity
PIVOT LEVELS
R1 R2 R3 PP S1 S2 S3
Classic 3,345.20 3,393.10 3,428.20 3,310.10 3,262.20 3,227.10 3,179.20
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
1.83% away from 52 week high
Outperformer - Tata Consultancy Services up by 6.75% v/s NIFTY 50 up by 3.81% in last 1 month
F&O data suggests Long Unwinding today
Disclaimer:
The views provided solely for information purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The information presented is for general information purposes only. Although every attempt has been made to assure accuracy, I assume no responsibility for errors or omissions
TATA TTM w24 2021. Buy after retestWeekly
Start of new 12 year cycle.
uptrend
Daily
Uptrend, good power
After retest of 22 open LONG
Open 22,5
TP 32
RR 2,7
TATA MOTORS LTD: Connecting Aspirations - 2Sl - 136
Same stock like TATA MOTORS LTD but it covers the business of JAGUAR Cars and LAND ROVER also.
There is one more fundamental difference between two of voting rights of share owned.
But it is also a good share to be purchased.
See the analysis of TATA MOTORS on my profile.
So folks feel free to DM or comment.
*Titan*Some few points before we going towards the Technical analysis
Covid cases declines Day by day
In june we can see Unlocking series of cities and states if Cases remains low
Vaccination is also started again ,very soon we will have enough Vaccine (Till Dec 2021 - 216cr 2X of our poppulation roughly) So do not panic for that,
Now comes towards Technical points
Titan breach very strong trendline came from Bottom of Covid
We can add small qty here and add more again at All time high breakout of level 1625
Note - Before taking any entry exit please concern with your financial advisor
TATAMOTORS - Near Short term Supply AreaThe stock formed alt bat pattern on its 15 min chart, suggesting a supply zone around 337-340 levels, which was further confirmed by the price action that the supply does exist there.
I am considering New Buying either above 340 levels, or at the support levels if the stock retraces some of its previous move from 310- 336.
Strong support stands at 319-320.
Since the structure of the stock is bullish on the higher time frame, keep an eye on price action on a lower time frame to check if the stock creates any new support levels in between 320-340 levels.
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