Tata Motors Ready for rally to 160-170Tata Motors looking Good for a Rally in Wave 5
As long as holds abv 128. Can expect a move to 160-70
Tatamotors
It is long in short termShort Term Target 134/138
Main stop loss at 125.50
#NSE Auto sector.
Disclaimer : I just shared my view. Please trade with your own and comfortable ideas. Thanks.
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
Tata Motors : Buying OpportunityAs you can see from the chart , there has been an upper wedge formation after march.
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
R-0215 Stock Option Buy TATAMOTORS SEP PE 140.00 @1.85-2.1 SShort Term Stock Option Buy TATAMOTORS SEP PE 140.00 @1.85-2.1 SL 0.05 TGT 5.5
TK cross over + MACD cross over + Next support is 131 so we can see more break down
TATA MOTORS : 09 SEP 20 : WHAT AN IDEA WHAT AN IDEA SIR,
SEE ALL MY PUBLICATION, IF IT SEEMS TO GIVE BOTH KNOWLEDGE AND PROFIT, THEN LIKE, SUBSCRIBE AND SHARE WITH YOUR NEAR AND DEARS.
MY SINCERE THANKS TO MY MASTERS TRADING PANTHULU, NAYAN POKARKAR AND THE DAY TRADER TELUGU.
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.....
Tata motors Buy above 150 ClosingTata motors is a good buy above 150 range as it was earlier travelling in channel,and above 150 its a clear breakout of channel.
TATA MOTORS - When to enter ?This chart is made at the request of @Santosh7856.
CMP 143
Even though the stock has finally broken the resistance of the recent ascending parallel channel which is a great sign, the stock still faces 2 resistances from long descending parallel channels i.e from September 2016 and June 2018.
The catch here is the stock looks positive and is supported by MACD as well but only because Nifty might need to take a breather after such a long rally which is why I am in doubt and would ideally not enter at this moment.
Above 158 is quite safe to enter for a long journey as it becomes a very strong support.
The immediate 2 targets are indicated in green lines with the percentage of expected returns.
*****
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So kindly express any disagreement & improvements so that we learn & earn together.
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TATA MOTORS IS INSIDE THE GOLDEN ZONEHi Traders,
This stock has broken the weekly trendline. The price is now trading inside the golden zone. There can be a retracement back to the weekly trendline.
We can safely trade this retracement only if price forms a reversal chart pattern at this golden zone.
If the price close above 172.70 can change the outlook of this counter to bullish. Because there is possibility that price can move in range within the goldenzone and 172.70 or the weekly trendline.
For queries feel free to comment and like.
Happy Trading.....
Short term Bullish TrendIchimoku Cloud is in green. The MACD crossover happened today on a positive side. Which means this stock can easily give around 10% profit in the near future. Momentum is at 10 which is above 0 and it is upwards. Tradingview analysis is very bullish on a daily chart.
I don't see a bearish. Some traders fear bearish trend. I don't see a reason behind it. This is purely my analysis. I don't recommend investment. DYOR.
