Tata is accelerating upward trendTata is accelerating upward trend
This chart shows the weekly candle chart of tata stocks for the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the 2021 high point of the tata stock was precisely suppressed by the 1.618 position of the golden section in the figure, and then moved out of the contraction triangle consolidation! After reaching the end of the triangle consolidation in March this year, the tata stock rose sharply and is about to hit the strong pressure of the 2.000 level in the golden section of the chart!
Tatamotor
INTRADAY FOR TATA-MOTORS.....!#THURSDAY>
<#INTRADAY>
NSE:TATAMOTORS
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Why TATA MOTORS ???
VOLUME during closing hours is high...;
in last one and half hour more than 7 millions shares have been bought;
good news towards the manufacturing of semiconductors and even e-chips;
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BUY: TATA MOTORS
Trigger price-442
TARGET:-452-457
SL:-432
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} HAPPY TRADING
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Tata Motors - A Short Term BuyAlthough Tata Motors stock is down more than 70% from its fall, there is still no signal for a reversal in monthly chart.
But it may give a good returns in next 1-2 months.
Tata Motors can give a returns upto 30-40%, as we can see a growth in volume ans RSI is in oversold position.
Also in daily and weekly chart buying has been seen forming Bullish Divergence.
We can set a target of 250 in next 2 months.
Symmetric Triangle breakout Done - PSAR Bullish nowSymmetric Triangle breakout Done Today.
Stock strikes with High increase in Call and Put OI and Aggressive New Long position buildup.
PSAR is showing Bullish while stock Relative strength is increasing.
Showing BULLISH in all indicator:
CCI is Treading UP
RSI is Treading UP
Stoch is Treading UP
PSAR is showing Bullish
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Support : 100 and 95
Breakdown : 107.5
CMP : 109
Breakout : 111
Short Target : 115 and 120
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(Disclaimer: This is only for educational purpose.)