TATAMOTORS: after falling sign of reversal and bottom outTatamotors is going to fly above 830, those who can wait more should add above 860 for a 10-5-% upside.
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
Tatamotors
Tata Motors (Daily Timeframe) AnalysisChart Pattern & Trend:
Primary Trend: The stock previously followed a rising channel pattern, peaking near ₹1,176.50. After breaking the channel's lower boundary, it entered a significant downtrend.
Current Trend: Bearish, as the stock has consistently been making lower highs and lower lows.
Fibonacci Levels:
The Fibonacci retracement tool highlights key levels:
61.8% Level (₹880.35): This level acted as a minor support before breaking down.
50% Level (₹788.85): The stock is hovering around this level, attempting to stabilize.
38.2% Level (₹697.40): If the downtrend continues, this could be the next key support.
23.6% Level (₹584.20): A deeper correction might test this level in a prolonged bearish scenario.
Volume Analysis:
Declining volumes suggest weakening momentum on the downside.
A volume spike at key support levels could indicate buying interest.
RSI (Relative Strength Index):
RSI is in the oversold zone or nearing it, indicating potential for a short-term pullback or consolidation.
Key Levels to Watch:
Resistance: ₹880 (61.8% Fibonacci) and ₹900 are immediate resistance zones.
Support: ₹788 (current level) and ₹697 (38.2% Fibonacci) are critical supports.
Potential Scenarios:
Bullish Reversal: A breakout above ₹880 with increasing volumes could signal the beginning of a recovery.
Continued Bearishness: A breakdown below ₹788 could lead the stock toward ₹697 and ₹584.
Trading Strategy:
For Long Positions: Look for reversal patterns around ₹788 or ₹697, supported by RSI divergence and volume confirmation.
For Short Positions: Consider selling near resistance levels like ₹880 with a stop-loss above ₹900.
Stock Watch: Tata Motors is About to Skyrocket!Tata Motors is finally shaking off its sluggish spell and gearing up for an uptrend! 🚀 After a period of consolidation, the stock is showing promising signs of breaking out. 📈 Tata Motors looks ready to zoom ahead. Keep an eye on this one – it might just be the golden ticket! 🌟🚗
Note: View invalidates if there is a daily close below 900.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
special Diwali pick for you – Tata Motors"Tata Motors has been performing well recently, showing a steady uptrend in its price action. It's a prominent name in the auto sector, and its stock is currently trading at an attractive level. We believe it offers a great opportunity for potential gains."
"Now, let’s talk about the technicals. Tata Motors is currently trading at , and we see a strong support level around ₹855. This level is acting as a solid base, indicating potential for a reversal or a continued uptrend."
"We have set a target price of ₹1,035, which aligns with the stock's previous resistance and Fibonacci retracement levels. This target represents a healthy upside, with a risk-reward ratio of 1:2, making it an ideal pick for a swing trade or short-term investment."
"As always, it's crucial to manage risk. Set your stop-loss at ₹855 to protect your capital in case the market turns against us. This ensures that even if the trade doesn't work out, your losses are limited."
"To sum up, Tata Motors is a strong Diwali pick due to its robust technical setup, favorable risk-reward ratio, and overall positive outlook. Buying at the current price, with a stop loss at ₹855 and a target of ₹1,035, could be a profitable trade."
"Thank you for visit. Stay tuned for more Diwali picks and updates on the stock market. Until next time, happy trading!"
TATAMOTORSHi guys,
In this chart i Found a Demand Zone in TATAMOTORS CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
TATAMOTORSNSE:TATAMOTORS
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
NSE: TATAMOTORS / NYSE:TTM - Tata Motors - Tesla Love affair ⚡Will electric mobility wave will take Tata motors to next level? Time will tell - Can we do some crystal gazing with Chart patterns ...:)
NSE: TATAMOTORS / NYSE:TTM - Tata Motors - Tesla Love affair ⚡
Tata Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India. It is a part of Tata Group, an Indian conglomerate. Its products include passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles.
Formerly it was known as Tata Engineering and Locomotive Company (TELCO). Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain, and Thailand. It has research and development centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and South Korea, Great Britain, and Spain. Tata Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.
Tata Motors is listed on the BSE (Bombay Stock Exchange), where it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The company is ranked 265th on the Fortune Global 500 list of the world's biggest corporations as of 2019
MACD Crossover Swing Trade - TATAMOTORS📊 Script: TATAMOTORS
📊 Sector: Automobile
📊 Industry: Automobiles - LCVs / HCVs
⏱️ C.M.P 📑💰- 989
🟢 Target 🎯🏆- 1050
⚠️ Stoploss ☠️🚫 - 962
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Tata Motors Ltd.*Tata Motors Ltd*
Inverse H&S on Yearly Basis.
P&F on Monthly Basis.
Price BreakOut Needed & Sustaine. To be Watched.
Strong Vol Consolidation & Continued Traction gaining.
RSI: 1H>D=W<M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Monthly Basis.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do your own research as well. This is an Opinion.*
*_Happy Investing_*🤓