TATAMOTORS trade ideas
TATAMOTORS ;:: BULLISH :::DATE: 1 AUG 2021
INSTRUMENT: TATA MOTORS
TREND: BUY
TIME FRAME: DAY
CMP: 293.95
BUY ABOVE: 300
STOP LOSS: 283
TGT 01: 312
TGT 02: 324
TGT 03: -
INDICATORS FOR CONFIRMATION OF TREND
BOLLINGER BAND: BULLISH
PSAR: BELOW CANDLE
RSI: BULLISH
RISK DISCLOSURE:
We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
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 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.
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
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