Tatamotors
🇮🇳 TATA BREAKS THE BULL FLAGFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
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TATA MOTORSThe idea is based on the Elliott Wave Theory. The long term bullish cycle has started from March 2020, and after a 5 wave (impulsive) rise, the price is now correcting (WXY correction). The level of 300 is crucial as it is a strong resistance and also coincides with the 50% fib. retracement.
something interesting is happening in . TATA MOTORS is to be included in sensex from 19 dec 2022 and the previous last trading day had some huge activity in last 5/10 mins volume is huge in the last last trading day before it is to be included in sensex
i do feel it can be trading near 500 levels in january 2023 lets see
Insider trading in Tatamotors Pointed out problems with Adani Enterprises months ago, now discussed in the Hindenburg report, too.
Now news of insider trading in Tatamotors (which remains to be a net LOSS maker, despite a quarter which was reported to make -some- money after two entire years).
Target price 200; sell within your means, do not overleverage. If scrip is rising, do not rush to sell. Sell when nifty is falling.
TATAMOTORS derivatives are illiquid, so do not overleverage, please take note.
Om Namah Shivay.
TATAMOTORSNSE:TATAMOTORS
Has Consolidated very well.
Wait for a Swing Low /negative candle around this area for a better RR ratio.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
TATA MOTORS-Tata motors is making descending triangle pattern on daily timeframe chart whereas strong support zone is 370-375 it's also discussed in previous post. wait for the breakout of trendline or price comes to near support zone. If you get benefits from the post then Don't forget to do like and comments.. Thanking you