ReeAishw

Tata motors Fibo+EMA+Multitimeframe+Flag pattern break out?

Giá lên
BSE:TATAMOTORS   TATA MOTORS LTD.
Price is nearby proper valuation of the stock as shown in the image above.


In 1 day stock is getting support by its lower trendline, Currently took support from 20Daily EMA as shown on 1st chart. Also got some demand from the Demand zone. Retested the breakout with high volume.
In 2Hrs timeframe it has completed 50% retracement and also supported by 100 ema .

The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.