TATAMOTORS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a comprehensive technical analysis of Tata Motors Ltd. (TATAMOTORS)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, trading above its 50 DMA (₹690) but slightly below the 200 DMA (₹720). This suggests bullish momentum with a key resistance overhead.

Long-Term Trend: Still recovering from a steep decline (~29% off its 52-week high of ₹1,000). The bounce from ₹536 shows strength, but the trend is not fully reversed yet.

📈 Moving Averages

50 DMA: ₹690

200 DMA: ₹720

Current Price: ₹711

Interpretation: Price is above the 50 DMA, indicating short-term strength. A close above ₹720 would confirm medium-term reversal.

📉 MACD & RSI

MACD: Positive at 10.4 — bullish crossover, signaling upward momentum.

RSI: At 57.9 — neutral to bullish, with room to rise before overbought territory.

Conclusion: Momentum indicators support a buy-on-breakout strategy. Watch for RSI > 60 and MACD widening for confirmation.

📊 Volume Trends

Current Volume: 1.33 crore

1-Week Avg Volume: 1.04 crore

Interpretation: Volume is above average, indicating strong participation and institutional interest.

📉 Bollinger Bands

Price is likely approaching the upper band, suggesting strength but also short-term resistance. A breakout above ₹720–₹740 with volume would confirm continuation.

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 690 50 DMA, short-term support

Support 2 660 Previous swing low

Resistance 1 720 200 DMA, key ceiling

Resistance 2 780–820 Intermediate swing highs

Resistance 3 1,000 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹690–₹705 (on pullback with confirmation)

Exit Zone: ₹780–₹820 (partial profit booking), ₹1,000+ (final target if breakout sustains)

🔍 Summary

Trend: Reversing upward

Momentum: Moderately bullish

Bias: Buy on dips

Short-Term Strategy: Accumulate near ₹690–₹705 with breakout confirmation above ₹720. Target ₹780–₹1,000 over the next few weeks.

Let me know if you’d like a swing trade setup or visual chart overlay based on this!

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