TATAMOTORS 1D Time frame

Current Market Snapshot

Current Price: ₹675.60

Opening Price: ₹684.00

Day’s Range: ₹673.00 – ₹685.00

Previous Close: ₹672.90

🔑 Technical Indicators

Relative Strength Index (RSI): 48.5 – indicating a neutral condition.

Moving Average Convergence Divergence (MACD): -3.20 – suggesting bearish momentum.

Moving Averages: Trading below the 50-day and 200-day moving averages, indicating a bearish trend.

📈 Key Support & Resistance Levels

Immediate Support: ₹673

Immediate Resistance: ₹685

Pivot Point: ₹679

📉 Market Sentiment

Trend: The stock is trading below its 50-day and 200-day moving averages, indicating a bearish trend.

Volume: Trading volume is higher than average, suggesting increased investor activity.

📈 Strategy (1D Timeframe)
1. Bullish Scenario

Entry: Above ₹685

Stop-Loss: ₹673

Target: ₹690 → ₹695

2. Bearish Scenario

Entry: Below ₹673

Stop-Loss: ₹685

Target: ₹665 → ₹660

⚠️ Risk Management

Limit risk to 1% of capital per trade.

Always use stop-loss to protect against unexpected market movements.

Monitor broader market trends and sector-specific news that may impact stock performance.