Tata Motors Futures (1-min chart) with Target, Stop Loss, RSI, Trend, and Technical View:
๐น 1. Current Trend: Price recently fell from 721.90 (resistance) down to 705 zone and is now bouncing back.
A retracement is happening – currently hovering near 0.5 Fibonacci (711.25).
Trend is mildly bearish in the short term since lower highs and lower lows are visible.
๐น 2. RSI Analysis (Bottom Indicator): RSI is around 45–50 → Neutral zone (neither overbought nor oversold).
Earlier it was near 30 (oversold) and bounced → indicating short-term recovery.
No strong bullish divergence yet, so upside may be limited unless RSI breaks above 60.
๐น 3. Key Support & Resistance: Support Zones:
708.75 (Fib 0.618)
705.15 (Fib 0.786 – strong support)
Resistance Zones:
713.75 (Fib 0.382 + intraday resistance)
717.45 (supply zone)
721.90 (major resistance / double top area)
๐น 4. Target & Stop Loss: ๐ If Buying (Bullish Intraday Trade): Entry Zone: 710–711 (near current price)
Target 1: 713.75
Target 2: 717.45
Stop Loss: 707.80 (below 0.618 Fib)
๐ If Selling (Bearish Setup if 708 breaks): Entry Zone: Below 708 (confirmed breakdown)
Target 1: 705.15
Target 2: 701.50 (next psychological support)
Stop Loss: 712.50
๐น 5. Technical View Summary: Short-term: Neutral to mildly bearish unless price sustains above 713.75.
Medium-term: Bullish bias remains intact as long as price holds 705 zone.
RSI: Suggests sideways to mild recovery; no strong momentum yet.
Trade Setup: Wait for a breakout from 711–714 zone to decide clear direction.
⚖️ Conclusion:
Above 714 → Long towards 717 / 721.
Below 708 → Short towards 705 / 701.
RSI currently neutral, so breakout confirmation is key.
Tata Motors Futures into Short-Term, Medium-Term, and Long-Term view based on the chart + RSI + trend:
๐ 1. Short-Term View (Intraday to 2–3 Days) Trend: Sideways to mildly bearish unless it sustains above 713.75.
RSI: Neutral (~45–50), no strong buying/selling pressure.
Key Levels:
Upside Resistance: 713.75 → 717.45
Downside Support: 708.75 → 705.15
Bias: Range-bound.
Above 714 → move towards 717 / 721
Below 708 → fall towards 705 / 701
๐ 2. Medium-Term View (1–3 Weeks) Trend: Still bullish overall because stock is holding above 705 major support zone.
RSI (Daily perspective): Consolidating, not overbought. Healthy retracement after rally.
Key Levels:
Support: 700–705 (swing support zone)
Resistance: 722–730 (supply zone)
Bias: Buy on dips as long as 700 holds.
Targets → 730 / 745 in medium term.
Stop loss (closing basis) → 695
๐ 3. Long-Term View (1–6 Months+) Trend: Strong bullish structure intact on higher timeframes (weekly/monthly).
RSI (Weekly): In positive territory, no signs of deep reversal.
Key Levels:
Support: 680–700 (long-term demand zone)
Resistance: 750–780 (long-term breakout zone)
Bias: Long-term uptrend intact.
If markets remain positive, Tata Motors can head towards 800+ levels in coming months.
Stop loss for positional longs → below 670
✅ Summary
Short-Term: Sideways to mild bearish, watch 708–714 zone.
Medium-Term: Bullish bias, buy on dips towards 705–700.
Long-Term: Uptrend intact, can target 750–800+ with 670 as positional stop.
SI + Pivot Levels for Tata Motors Futures.
๐ 1. RSI (Relative Strength Index) Current RSI (1-min chart) = ~45–50 → Neutral zone.
RSI > 60: Momentum bullish, expect upside continuation.
RSI < 40: Momentum bearish, downside pressure builds.
RSI Divergence: Watch if price makes lower low but RSI makes higher low → possible reversal.
๐ 2. Pivot Levels (Using Classical Formula) (Based on yesterday’s trading range around 721.9 high & 705.1 low)
Pivot Point (P): 713.7
Resistance (R1): 717.5
Resistance (R2): 721.9
Resistance (R3): 728.5
Support (S1): 709.3
Support (S2): 705.1
Support (S3): 698.5
๐ 3. Trade View (RSI + Pivot Combo) ๐น Bullish Scenario (If RSI > 60 & Price above Pivot 713.7): Entry: Above 714
Target 1: 717.5 (R1)
Target 2: 721.9 (R2)
Stop Loss: 709 (S1 below pivot)
๐น Bearish Scenario (If RSI < 40 & Price below Pivot 713.7): Entry: Below 709
Target 1: 705.1 (S2)
Target 2: 698.5 (S3)
Stop Loss: 714 (Pivot)
✅ Summary:
Pivot = 713.7 → key decision point.
Above 714 + RSI > 60 → bullish towards 717 / 722.
Below 709 + RSI < 40 → bearish towards 705 / 699.
RSI currently neutral (~45–50), so breakout confirmation needed.
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