TATAMOTORS trade ideas
TATAMOTORS - Near Imp levelsWe are seeing a #sell-off in tata motors post its quarterly results, it has posted a #loss of some 4000 crores in this quarter, the company is still a loss-making company, but it has reduced its losses compared to its previous quarter and is mostly moving towards the profitability in the coming future.
#Charts of tata motors look quite good since we have seen a move of a whopping 468% in the last 1 and a half years, a #correction is quite evitable and is also good for the next rally in the stock.
Currently, #tatamotors are trading near its weekly and daily #support zone of 290-260, hence there is a possibility of some temporary bounce back in the stock.
Reasons of possible bounce back
**Strong multiple timeframe support
**Daily Rsi is oversold: 23
**Hourly #RSI showing positive divergence
For Investors
If correction extended, lookout for price action near 214- 185 levels.
Tata Motors - SupportTata Motors @ good support level on daily chart any reversal candle on hourly chart today or tomorrow looking for swing trade.
Tata Motors Short Term ReversalEnter only around 290 - 280
SL @ 256
TP @ 335-339
Top Brokerage Houses in India have also recommended it
Tata motors touch near 250-260Tata Motors 3 times supports near 280, this time also here now what to next moves? I think if Tata Motors closes the price under the 280 daily chart then it can be breakdown point 260-250. NSE: TATAMOTORS according to small trading view buy 50@280 only 14k invest and level 260 when comes another 50 stock buy value 13k which can behold in portfolio long term basis that is my analysis for tata motors.
Thank you.
TATAMOTORS - Bulls Are Your Ready?Lets see how hard it bounces from here, currently on its c wave of a flat.
TATAMOTORS - Elliott wave analysis - CorrectionIt is in impulse drop as wave A from last swing high as five wave sequence finished. It is in 5th subwave of A wave drop and can go slight more downside before bouncing in B wave as ABC zigzag bearish cycle. It may form double top pattern.
TATA MOTORS flag pole pattern on important level [ keep an eye ]tata motors is at an important level currently according to daily chats
flag pole pattern suggests it is gonna be bullish
also the recent news about Indian gas ministry approaching opec about price hikes etc.
such news could provide a push for a good up move
demand of Tata nexon due to high fuel prices too could provide a greater edge
investment view:
tata motors is gonna lead ev sector in the upcoming time
even currently 3 off 4 are Tata ev with nexon at highest demand
TATA MotorsBullish negative divergence is seen on daily charts. Will be confirmed by an up-move from here.
Target - 400+ (30+%)
SL - 280
TatamotorsIt is in the support line and the target is the resistance trend line. The rsi is near 30.So it is a good opportunity to go long and make handsome profit.
TATAMOTORS LONG INTRADAY 14 JUL,2021Dear trader,
If u look at the chart of TATAMOTORS (analysis based intraday only) the TATAMOTORS Buy at 309 and Target at 317
Best Buy at 306.
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.
Possible trade in Tata Motors DVR# With recent fall in Tata motors shares due to guidance on weak volumes in Q2, the stock is down sharply.
# It seems to be taking support at 100 Day Simple moving average.
# If there is a closing above 146.75 on a day, one can go long with a SL at 139.9 and a target of 160 for a risk reward of 1:2
TATA MOTOR - Good Swing CallSell Below 302 - T1: 280, T2:267, T3:242, T4-202
Buy Above 314- T1:341, T2:397, T3-480
Any 30 MIN candle should be close above/below the levels 302 or 314.
This is swing call, can hold for 2-3 months for good returns guranteed.
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.
|| Hari Om ||
|| Ambadnya ||
POSITIONAL INVESTMENT VIEW IN #TATAMOTORSPOSITIONAL INVESTMENT VIEW IN #TATAMOTORS GIVEN CORRECTION FROM 0.5 DOWN TO UPSIDE FIB LEVELS
BUY TATAMOTORS CMP @ 308
ADD MORE ON DEEP 270.70 & 244.45
STOP LOSS - 236 CLBS
TARGET - 398 489 605 800 100 1200 ++
INVESTMENT IN MULTIBAGGER STOCK #TATAMOTORS
