Tata Motors is likely to have left the downward trend that has persisted for the past 5 years and thus achieved an overriding trend change.
Even if the market environment is difficult, the stock market is buying the future. India is a huge market.
Please also use the attached view from 2018 to get an even better overview.
Patience is a virtue.
After a huge hiccup from chip shortage for more than 2 months, tata motors has shown great recovery from past few days. Right now it is at very strong resistance zone, Tomorrow , 16/09/2021, if it breaks 312 price point with good volume then its a big buy to grab and hold for the future, This is strictly for investment.
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
Tata motors has given breakout with good intensity of Volume in hourly time frame,
One can go long at these levels or in dips with stoploss of 293 for targets mentioned in chart.
All the key levels are mentioned in chart with Stop-loss and Targets.
Breakout with Good intensity of Volume
Key Levels are Mentioned on...
We 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...
POSITIONAL 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
TataMotors is strongly bullish and ready for a breakout.
I am planning to add some shares of TataMotors to my portfolio.
Long Only- TataMotors looks strong above 361 with an initial Stop Loss at 251 for a target of 600
However, I will book partial profit near short term resistance levels @ 432, 485,550, and final 600
Risk:Reward ratio is more than 1:2
Tata Motors, Daily Time Frame
Given TLBO, & closing above Resistance zones
That's Good enough to go Long
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing