What to expect from TATAMOTORS.NSE:TATAMOTORS
After Sluggish/consolidated move from 8th Feb 2021 and few test to the resistance level of 351 we did see good down move with good efforts in last week from same level, one can say due to the negative news of JLR results. Which was not expected at least by me.
So what to expect from here in TATAMOTORS, well not matter what kind of news cause this effect on TATAMOTORS chart but as far as CANDLE formation and kind of efforts it got its clearly indicating supply in here. If we see follow through selling and breakdown to the level of 280 swing and short term traders must get out of this counter. In closing below 280 will take TATAMOTORS deeper towards the level of 200. And if we don’t see any follow through selling and rather we see bounced back from here we must have to wait for breakout to the level of 351 to make any fresh positions in this counter.
Bounce back can also be expected coz on daily chart we are not seeing good follow through selling as price range is narrowed and volume is also drying out. Check the chart below.
Conclusion one can wait and watch only those who have holding any position right now don’t though them out till closing below 280. And swing and short term traders who are looking for fresh positions in this counter prefer to wait for a breakout of 351.
Long term investors don’t need to worry here. Any stopping or sign of reversal can be good opportunity for averaging.
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Tatamotors
TATAMOTORS LONG INTRADAY 2 JUL,2021Dear trader,
If u look at the chart of TATAMOTORS (analysis based intraday only) the TATAMOTORS Buy at 344 and
Target at 351
Best Buy at 339
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Short Opportunity in Tata Motors for intraday
# Tata Motors is forming a head and shoulder pattern in an ascending triangle after a fall from 360 levels recently on a 15 min chart. This is a bearish Signal and one should look at short opportunities.
# The rising trend line of the ascending triangle can be used to short. If it breaks below 337 after a while on Monday first target will be 334 and second target will be 329. Stop loss for the trade can be kept at 339.10
# There is a high likelihood of meeting second target once the first target is reached. Book gains on 25% of the position on first target and move the stop to 338.1 and ride the residual 75% quantity for an eventual target of 329.
# This is an intraday strategy and one should not take this trade overnight due to overnight risk and small SL/tgts. Close the position by 3:15 if target or SL is not hit. One can again re-enter next day again if there is still room for the target as a kind of continuation from yesterday.
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.
[TataMotors]: Set for Breakout and Likely to Hit All Time HighTataMotors is strongly bullish and ready for a breakout.
I am planning to add some shares of TataMotors to my portfolio.
Entry Criteria:
Long Only- TataMotors looks strong above 361 with an initial Stop Loss at 251 for a target of 600
However, I will book partial profit near short term resistance levels @ 432, 485,550, and final 600
Risk:Reward ratio is more than 1:2
TATAMOTORS LONG INTRADAY 15 JUN,2021Dear trader,
If u look at the chart of TATAMOTORS (analysis based intraday only) the TATAMOTORS Buy at 353 and Target at 364
Best Buy at 350.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
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.
TATAMOTORS LONG INTRADAY 7 JUN,2021Dear trader,
If u look at the chart of TATAMOTORS (analysis based intraday only) the TATAMOTORS Buy at 335 and
Target at 343
Best Buy at 332.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.