NSI ยท EQUITY ยท ENHANCED MARKET DYNAMICS

TMPV

Tata Motors Passenger Vehicles Limited

IN ยท Consumer Cyclical ยท Auto Manufacturers

EMD SCORE33/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
4 Sep 2026
Latest close
INR 311.50
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
15 Sep 2023โ€“4 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท INR +100+500-50-100 1,157.10705.98254.87 15 Sep 2023 ยท EMD 71/100 ยท close 624.97 22 Sep 2023 ยท EMD 64/100 ยท close 611.38 29 Sep 2023 ยท EMD 69/100 ยท close 620.98 6 Oct 2023 ยท EMD 70/100 ยท close 613.35 13 Oct 2023 ยท EMD 82/100 ยท close 657.34 20 Oct 2023 ยท EMD 74/100 ยท close 653.50 27 Oct 2023 ยท EMD 75/100 ยท close 631.67 3 Nov 2023 ยท EMD 78/100 ยท close 638.03 10 Nov 2023 ยท EMD 76/100 ยท close 641.53 17 Nov 2023 ยท EMD 80/100 ยท close 671.58 24 Nov 2023 ยท EMD 74/100 ยท close 663.85 1 Dec 2023 ยท EMD 85/100 ยท close 695.13 8 Dec 2023 ยท EMD 84/100 ยท close 704.10 15 Dec 2023 ยท EMD 87/100 ยท close 721.69 22 Dec 2023 ยท EMD 86/100 ยท close 714.10 29 Dec 2023 ยท EMD 89/100 ยท close 768.54 5 Jan 2024 ยท EMD 87/100 ยท close 779.38 12 Jan 2024 ยท EMD 90/100 ยท close 804.51 19 Jan 2024 ยท EMD 90/100 ยท close 811.51 26 Jan 2024 ยท EMD 86/100 ยท close 799.98 2 Feb 2024 ยท EMD 91/100 ยท close 865.90 9 Feb 2024 ยท EMD 82/100 ยท close 901.62 16 Feb 2024 ยท EMD 90/100 ยท close 924.87 23 Feb 2024 ยท EMD 90/100 ยท close 923.69 1 Mar 2024 ยท EMD 92/100 ยท close 963.11 8 Mar 2024 ยท EMD 91/100 ยท close 1,024.10 15 Mar 2024 ยท EMD 79/100 ยท close 932.02 22 Mar 2024 ยท EMD 90/100 ยท close 965.47 29 Mar 2024 ยท EMD 86/100 ยท close 978.28 5 Apr 2024 ยท EMD 85/100 ยท close 992.37 12 Apr 2024 ยท EMD 86/100 ยท close 1,003.60 19 Apr 2024 ยท EMD 78/100 ยท close 949.11 26 Apr 2024 ยท EMD 83/100 ยท close 984.88 3 May 2024 ยท EMD 79/100 ยท close 998.58 10 May 2024 ยท EMD 84/100 ยท close 1,031.34 17 May 2024 ยท EMD 69/100 ยท close 931.87 24 May 2024 ยท EMD 74/100 ยท close 946.50 31 May 2024 ยท EMD 61/100 ยท close 909.50 7 Jun 2024 ยท EMD 71/100 ยท close 956.31 14 Jun 2024 ยท EMD 72/100 ยท close 984.93 21 Jun 2024 ยท EMD 63/100 ยท close 953.60 28 Jun 2024 ยท EMD 72/100 ยท close 981.31 5 Jul 2024 ยท EMD 68/100 ยท close 985.18 12 Jul 2024 ยท EMD 70/100 ยท close 1,008.08 19 Jul 2024 ยท EMD 64/100 ยท close 981.56 26 Jul 2024 ยท EMD 84/100 ยท close 1,108.77 2 Aug 2024 ยท EMD 73/100 ยท close 1,087.30 9 Aug 2024 ยท EMD 81/100 ยท close 1,058.99 16 Aug 2024 ยท EMD 85/100 ยท close 1,088.99 23 Aug 2024 ยท EMD 78/100 ยท close 1,075.90 30 Aug 2024 ยท EMD 81/100 ยท close 1,101.88 6 Sep 2024 ยท EMD 70/100 ยท close 1,040.40 13 Sep 2024 ยท EMD 57/100 ยท close 983.64 20 Sep 2024 ยท EMD 53/100 ยท close 962.57 27 Sep 2024 ยท EMD 49/100 ยท close 984.54 4 Oct 2024 ยท EMD 39/100 ยท close 922.82 11 Oct 2024 ยท EMD 43/100 ยท close 922.77 18 Oct 2024 ยท EMD 39/100 ยท close 902.39 25 Oct 2024 ยท EMD 32/100 ยท close 856.93 1 Nov 2024 ยท EMD 32/100 ยท close 836.26 8 Nov 2024 ยท EMD 29/100 ยท close 798.58 15 Nov 2024 ยท EMD 27/100 ยท close 767.70 22 Nov 2024 ยท EMD 33/100 ยท close 784.26 29 Nov 2024 ยท EMD 28/100 ยท close 779.75 6 Dec 2024 ยท EMD 36/100 ยท close 809.84 13 Dec 2024 ยท EMD 30/100 ยท close 783.56 20 Dec 2024 ยท EMD 24/100 ยท close 717.88 27 Dec 2024 ยท EMD 29/100 ยท close 744.10 3 Jan 2025 ยท EMD 34/100 ยท close 783.66 10 Jan 2025 ยท EMD 28/100 ยท close 768.05 17 Jan 2025 ยท EMD 37/100 ยท close 773.10 24 Jan 2025 ยท EMD 29/100 ยท close 727.84 31 Jan 2025 ยท EMD 30/100 ยท close 710.00 7 Feb 2025 ยท EMD 31/100 ยท close 700.73 14 Feb 2025 ยท EMD 29/100 ยท close 674.85 21 Feb 2025 ยท EMD 29/100 ยท close 667.46 28 Feb 2025 ยท EMD 26/100 ยท close 615.36 7 Mar 2025 ยท EMD 33/100 ยท close 642.77 14 Mar 2025 ยท EMD 29/100 ยท close 649.91 21 Mar 2025 ยท EMD 38/100 ยท close 696.96 28 Mar 2025 ยท EMD 32/100 ยท close 668.70 4 Apr 2025 ยท EMD 27/100 ยท close 608.62 11 Apr 2025 ยท EMD 34/100 ยท close 589.98 18 Apr 2025 ยท EMD 30/100 ยท close 616.25 25 Apr 2025 ยท EMD 34/100 ยท close 649.66 2 May 2025 ยท EMD 33/100 ยท close 643.57 9 May 2025 ยท EMD 49/100 ยท close 702.46 16 May 2025 ยท EMD 52/100 ยท close 724.47 23 May 2025 ยท EMD 48/100 ยท close 712.13 30 May 2025 ยท EMD 50/100 ยท close 713.37 6 Jun 2025 ยท EMD 52/100 ยท close 711.00 13 Jun 2025 ยท EMD 49/100 ยท close 712.05 20 Jun 2025 ยท EMD 43/100 ยท close 676.20 27 Jun 2025 ยท EMD 48/100 ยท close 686.90 4 Jul 2025 ยท EMD 47/100 ยท close 689.05 11 Jul 2025 ยท EMD 46/100 ยท close 681.80 18 Jul 2025 ยท EMD 48/100 ยท close 680.25 25 Jul 2025 ยท EMD 49/100 ยท close 687.40 1 Aug 2025 ยท EMD 41/100 ยท close 648.85 8 Aug 2025 ยท EMD 38/100 ยท close 633.70 15 Aug 2025 ยท EMD 46/100 ยท close 664.60 22 Aug 2025 ยท EMD 43/100 ยท close 680.30 29 Aug 2025 ยท EMD 43/100 ยท close 669.00 5 Sep 2025 ยท EMD 55/100 ยท close 691.70 12 Sep 2025 ยท EMD 62/100 ยท close 715.25 19 Sep 2025 ยท EMD 57/100 ยท close 707.45 26 Sep 2025 ยท EMD 53/100 ยท close 672.90 3 Oct 2025 ยท EMD 66/100 ยท close 716.10 10 Oct 2025 ยท EMD 53/100 ยท close 678.95 17 Oct 2025 ยท EMD 31/100 ยท close 396.60 24 Oct 2025 ยท EMD 32/100 ยท close 403.30 31 Oct 2025 ยท EMD 28/100 ยท close 410.00 7 Nov 2025 ยท EMD 26/100 ยท close 405.70 14 Nov 2025 ยท EMD 26/100 ยท close 391.20 21 Nov 2025 ยท EMD 23/100 ยท close 362.25 28 Nov 2025 ยท EMD 26/100 ยท close 356.80 5 Dec 2025 ยท EMD 24/100 ยท close 353.60 12 Dec 2025 ยท EMD 25/100 ยท close 347.45 19 Dec 2025 ยท EMD 33/100 ยท close 352.65 26 Dec 2025 ยท EMD 27/100 ยท close 358.80 2 Jan 2026 ยท EMD 33/100 ยท close 370.35 9 Jan 2026 ยท EMD 25/100 ยท close 354.15 16 Jan 2026 ยท EMD 30/100 ยท close 353.60 23 Jan 2026 ยท EMD 29/100 ยท close 344.45 30 Jan 2026 ยท EMD 33/100 ยท close 350.05 6 Feb 2026 ยท EMD 38/100 ยท close 369.50 13 Feb 2026 ยท EMD 40/100 ยท close 380.25 20 Feb 2026 ยท EMD 40/100 ยท close 378.00 27 Feb 2026 ยท EMD 42/100 ยท close 382.65 6 Mar 2026 ยท EMD 34/100 ยท close 350.75 13 Mar 2026 ยท EMD 31/100 ยท close 314.10 20 Mar 2026 ยท EMD 32/100 ยท close 314.10 27 Mar 2026 ยท EMD 29/100 ยท close 303.20 3 Apr 2026 ยท EMD 31/100 ยท close 303.30 10 Apr 2026 ยท EMD 42/100 ยท close 342.60 17 Apr 2026 ยท EMD 43/100 ยท close 357.14 24 Apr 2026 ยท EMD 39/100 ยท close 347.62 1 May 2026 ยท EMD 40/100 ยท close 338.74 8 May 2026 ยท EMD 44/100 ยท close 352.53 15 May 2026 ยท EMD 45/100 ยท close 353.62 22 May 2026 ยท EMD 49/100 ยท close 360.36 29 May 2026 ยท EMD 57/100 ยท close 390.66 5 Jun 2026 ยท EMD 58/100 ยท close 394.53 12 Jun 2026 ยท EMD 64/100 ยท close 386.79 19 Jun 2026 ยท EMD 58/100 ยท close 359.50 26 Jun 2026 ยท EMD 55/100 ยท close 353.20 3 Jul 2026 ยท EMD 52/100 ยท close 344.10 10 Jul 2026 ยท EMD 45/100 ยท close 337.95 17 Jul 2026 ยท EMD 44/100 ยท close 335.60 24 Jul 2026 ยท EMD 40/100 ยท close 323.80 31 Jul 2026 ยท EMD 43/100 ยท close 339.75 7 Aug 2026 ยท EMD 43/100 ยท close 347.00 14 Aug 2026 ยท EMD 37/100 ยท close 334.50 21 Aug 2026 ยท EMD 31/100 ยท close 317.90 28 Aug 2026 ยท EMD 44/100 ยท close 319.40 4 Sep 2026 ยท EMD 33/100 ยท close 311.50 13 Sep 2024 ยท Down-cycle confirmed ยท close 983.64 13 Feb 2026 ยท Up-cycle confirmed ยท close 380.25 29 May 2026 ยท Up-cycle confirmed ยท close 390.66 15 Sep 202314 Mar 20254 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 9%Current EMD -34.04-week EMD change -19.6156-week price range INR 303.20โ€“1,108.77

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

33/100-0.39

Cautious pressure beneath price
4-week change -0.16

02

Trend and deviation

5/100-9.9% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

28/1004w -10.2% ยท 13w -21.0%

Momentum is applying downside pressure
SMI 0.16

04

Price-volume pressure

45/10045% constructive pressure

Volume is leaning against the close
Volume ratio 2.18x

05

Relative leadership

6/100-16.75

The ticker is lagging its benchmark
4-week change -1.08

06

Modeled Trend

69/100Modeled Trend 0.36

Modeled Trend is supportive
Smoothed Modeled Trend 0.21

Evidence context