Stock Name: #TATAMOTORS 📊
Will Tata Motors hit ₹500 or ₹300 level first?
Complete Thread on Tata Motors Stock as per Institution Footprints (Fiis & Diis).
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Stock Name: #TATAMOTORS 📊
TF: Monthly ✅
Currently Stock Consolidating in its Monthly RBD Supply Zone (₹452 To ₹494).
The stock has one DBR Demand Zone as well (₹312 To ₹268).
Indicating that both buyers & sellers are present but the stock is in the sellers area now.
Stock Name: #TATAMOTORS 📊
TF: Monthly ✅
From past 3 Weeks Stock trading in sideways structure because stock came down from its Monthly RBD Supply Zone (₹452 To ₹494) that's the reason.
Sellers trying to dump the Stock but Buyers holding their Positions.
Result: Sideways 🥲
Stock Name: #TATAMOTORS 📊
TF: Weekly ✅
The stock formed RBR Demand Zone on its Weekly TF (₹414 To ₹400) & goes up.
Here on Weekly TF we don't have any Supply Zone.
So as per Weekly TF Buyers Institutions Footprints are present on Weekly TF but Sellers are missing ✅
Stock Name: #TATAMOTORS 📊
TF: Weekly ✅
Stock has good closing because after forming RBR DZ (₹414 To ₹400) stock closed above its previous Nearest Reversal as well as shown below 👇🏻
So in future by any reason if stock goes down then it will go sideways in RBR for some time.
Stock Name: #TATAMOTORS 📊
TF: Daily ✅
In case Stock goes up from its CMP (₹440) then directly stock will halt at its Daily RBD Supply Zone (₹484 To ₹495).
After that sideways or down fall possible for some time because this Daily SZ is formed in Monthly SZ range as shown 👇🏻
Stock Name: #TATAMOTORS 📊
TF: Daily ✅
In case stock goes down then we have one problem here.
Stock is coming down from its Monthly SZ so we required Monthly DZ only to hold that selling pressure & quality Monthly DZ is on ₹316 To ₹268.
That's why I have a bearish view 🙏🏻
Stock Name: #TATAMOTORS 📊
TF: Daily ✅
Still we have some Demand Zones on Weekly & Daily TF which will bounce back Stock if fall further 👇🏻
DZ 1: ₹427 To ₹417.
DZ 2: ₹408 To ₹399.
DZ 3: ₹393 To ₹391.
DZ 1 & DZ 3 are strong enough because they gave a gap up Rally candle.
Stock Name: #TATAMOTORS 📊
TF: Daily ✅
These 3 Demand Zones will hold the small selling pressure only.
Because in case of high selling pressure, only those Demand Zones work who coincide with their Higher TF Demand Zones.
That's the another reason I'm waiting for ₹312 Levels.
Conclusion:
We have both SZ & DZ here.
If Stock goes up then ₹484 to ₹495 will be the small reversal level above that new ATH possible.
If stock goes down then it will reverse from its 3 Demand Zones or directly from (₹392 To ₹375: Weekly) & (₹312 To ₹268: Monthly) Levels.
That's it for Today 🇮🇳
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