TH Stock was in consolidation from almost an year and now the Auto index already gave the breakout with current fundamentals which are growing at a rapid pace . On charts it looks perfect buy for Short term.
This stock is completely bullish.Recenty price broken the trendline and retest is observed to this trendline.If this trendline acts as resistance price fall will continue towards downside demand zones,we have observed a demand zone in the range 730-740 levels.keep looking for buy from these levels again.
TATA MOTORS is currently trading in the box.
We might see a strong move if it breaks the box.
TATA MOTORS NEWS :- Subsidiary Jaguar Land Rover (JLR) announced 27 percent YoY growth in Q3 sales to 101,043 units. YTD wholesales for FY24 were 291,113 units, up 28 percent year-on-year. Retail sales went up 29 percent to 109,140.
The stock is recently broken the previous resistance @590-605 zone
price broken and retest is observed...
if price failed to move upside...will get an opportunity to enter short side...
This stock is continuously in uptrend from long time...this is good opportunity to continue with this stock in upwards....
Keep safe...
Welcome. As per my analysis of Tata Motors stock. There is a high probability of a bearish move with a very negative candle in the last channel of the Pitchfork orbit. With a very large red confirmation candle on the daily chart, it indicates a strong entry of sellers into the stock. Good luck everyone
Hello Traders,
Last Week I gave two predictions for tata motors and Bharat Forge, Both went as explained and market .This week how I am going top trade these stocks shared with you in detail . Check below.
observations::
Price enters into the monthly resistance area...
where a strong fall is observed in this area.
we have a demand zone @440 range...
while breaking the resistance @480-500 range price leaves a demand again....
Now price is near to previous gap down range..
no sign of bearishness is observed...
if the gap acts as resistance will observe a fall...
Observations:
-------->>After a strong bullish gap up price moved to upside strongly, to reach the All time high, if price is sustained at this levels or falls below to the lowers.
--------->> Now price is at Resistance ,Strong fall is observed from this levels ,previous resistance.
----------->>previous resistance broken strongly. If previous resistance acts as a...
Observations:
-------->>After a strong bullish gap up price moved to upside strongly.
--------->> Now price is at Resistance and sellers are aggressively taken the charge to move the price back to 440 zone, where previous resistance
broken strongly. If previous resistance acts as a support we will expect a price to move upwards again from...
As per my analysis, best entry level to take entry on NSE:TATAMOTORS is 435 with stop loss of 429 (-6 Points).
My expected target will be 441 (+6 Points) & 445 (+10 Points).
Note: This is my personal analysis, only for learning. Thanks.
My analysis is for NSE:TATAMOTORS
Tatamotors can take a pullback.
My entry point is 434.35 will wait for target 451.45
My stop loss would be 424
Note: This is my personal analysis, only for learning.
Tata motors have a structure of shifting market structure and it have a huge liqudity on downside
So tata motors will take a order block near SMS then fall...
