TATAMOTORS Futures - Breakout in Progress | Sector Aligned | Dip Opportunity 720-728
Summary:
Multi-timeframe checklist confirms strong breakout and sector alignment in TATAMOTORS Futures. Current price is extended on higher TFs → optimal strategy is waiting for a dip entry into the 720-728 zone to capture next leg higher.
Checklist Review:
🗓️ Week & Month:
✅ Positive momentum, no falling MAs → Trend supportive
✅ Daily TF:
Squeeze breakout → ✅
Polarity shift → pending retest ~720-725 → likely test
RSI cross 60 → ✅
Wedge break → ✅
Relative volume → ✅
⏱️ 125min TF:
❌ RSI overbought (~90) → patience needed → wait for cooling / dip
⏱️ 75min TF:
⚠️ RSI high (~77), trend intact → ready to buy dip
⏰ 20min TF:
✅ RSI healthy
✅ Price above 1st 20min high
✅ CVD positive & rising
✅ Breakout volume supportive
✅ Sector aligned → Nifty Auto supports move
📊 TPO Profile:
✅ POC shifting higher
✅ Untested LVN zone ~710-720 → strong support for dip play
Trade Plan:
Ideal Entry Zone: ₹720–₹728
Stop: Below ₹710
Target 1: ₹755
Target 2: ₹780
Conclusion:
TATAMOTORS Futures offers a high probability dip-buy opportunity with sector tailwind. Patience for entry near 720-728 will offer best risk/reward. CVD & sector confirming trend strength.
Hashtags:
#TataMotorsFutures #NiftyAuto #BreakoutTrading #MultiTimeFrameAnalysis #FuturesTrading #PriceAction #TPOProfile #RelativeVolume #TradingSetup #LearningPurpose #ResearchOnly
Disclosure:
This idea is shared purely for learning and research purposes. It is not trading advice and I am not a SEBI registered analyst. Please do your own research and consult with a qualified advisor before taking any trades based on this post.
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