Tatamotors
TATA MOTORS FUTURE PRICE AND TIME USING LR SLOPEThere are some methods available to predict whether,distance,speed in physics.Like that we can predict herd mentality and using mathematics.
linear regression is one of the method to find the Standard deviation of a moving data (daily price movements).The two variables price and time
are the main ingredients we have for trading or investment to increase our wealth. OK. Is there a tool a simple tool to show us the future price of a share?
share price movement in one direction (up or down) is the key to make money . After one big movement if the stock is moving in the same direction then using LINEAR REGRESSION SLOPE we can find the path of the stock.Using FIBONACCI Retracement levels we can easily find the target price.
As an example I Took TATA MOTORS to find the time to reach 50% Retracement of Recent fall ( All good stocks to test minimum 50% of fall)
The LRS gives me an approximate time as MAY 2, 2022 and the target is Rs330
please BUY in cash market,present price Rs 139
TATAMOTORS - Near Imp levelsTATAMOTORS - Near Imp levels
It has been trading in a narrow range for the past many weeks.
And Previous price action looks quite good, hence holding 124 - 127 levels, which can take stock towards 190- 200 levels.
Trade type: positional support trade
Trade at your own risk.
TRADING STRATEGYHi Friends,
Today I am going to teach you a strategy that work for life time and applicable eternally. ✔
This strategy I learned from Greatest of great trader JESSE LIVERMORE.
What is it.
Go long on Strong stock or leader in the sector on first indication of uptrend in respective INDEX.
similarly
Go short on weak stock or laggard in the sector on first indication of down trend in respective INDEX.
Example: NIFTY AUTO sector.
HERO MOTOR is undisputed leader in 2 wheeler sales in INDIA. It reflected by stock behavior. It first brakeout to upside before the auto index brakeout. (30th April 2020)😎
TATA MOTOR is struggling with sales and going to sell some of its units to reduce debt. This is clearly shown by stock behavior as it gave brakeout after auto index brakeout. Now it cracked important level to down side (22nd September 2020)😢
NOW TIDE IS TURNING. (closing below the red lines which shows the investors behavior )
So it is better to short the laggard than winner.
It clearly shown by Tata share price fall during last 3 days.
YOUR HUMBLE TRADER
KIRAN
Say tata (good bye) to TATA MOTORSHi Friends,
I had a simple strategy.
It is basically
betting on
to BUY the fundamentally strong stock in UPTREND
and
betting on
to SELL the fundamentally weak stock in DOWN TREND to get maximum benefit.
So Tata motoros come to second category.
one CAN go for shorting in sweet spot with stop loss above the down ward trend line.
YOUR HUMBLE TRADER
KIRAN
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Follow my profile for upcoming trading ideas. KIRANSUNKU2016
POSSIBLE SHORT TERM TREND REVERSAL IN TATA MOTORSHi Traders,
Tata Motors has broken our golden zone with confidence, and is now testing a key level of trend reversal at 141.85. If the day close below 141.85 levels our short term bias on this stock will be bearish and we will be looking for shorting opportunities. If the close is below 141.85 we will have new resistance levels. New levels will be updated in post market hours if we have a trend reversal.
Pls like and follow for more analysis.
Happy Trading......
INTRADAY ANALYSIS - TATA MOTORSHi Traders,
Tata motors is in an uptrend as per 50 SMA in multiple time frames. The price made a higher high confirming a short term uptrend. We have support at 151.20 and 148.70 respectively. We have the golden zone between 146.70 and 144.70.
The golden zone is a strong zone as there is price action on the left and is a major key level according to higher time frames. We dont recommend a blind entry at these levels.
A chart pattern like double bottom or inverted heads and shoulders forming at these levels in lower time frames like 1m can be considered as a confirmation for entry.
The target and stop loss can be placed according to the pattern that gave us the confirmation.
For any doubts regarding this trade setup pls comment below.
Hitting the like button will be appreciated and follow for more analysis on indian stocks.
Happy trading.....