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Tesla (TSLA) Chart Analysis: Key Support, Resistance Levels

Tesla (TSLA) Chart Analysis — Day Time Frame

Tesla shares are currently drawing strong attention from investors, particularly as market participants closely monitor Chinese sales numbers and overall demand trends in the electric vehicle (EV) sector. The stock has shown notable volatility in recent sessions, and its technical structure now suggests two possible price scenarios in the coming weeks.

Current Market Structure

As per the daily chart, Tesla is currently trading near $439, facing mixed momentum after a solid rally from earlier support levels. The chart shows that the price has been respecting an inclined support line, which has acted as a reliable base during recent pullbacks. This upward trendline has supported the stock since August 2025, forming a series of higher lows — a sign of underlying buying strength.

The recent breakout from the ascending triangle pattern around the $350–$360 zone confirmed a bullish continuation. However, after this breakout, the price faced resistance near the $480–$490 range, which is also marked as Major Resistance on the chart. This level has historically acted as a strong rejection zone where sellers become active.

Tesla IMP Key Levels to Watch

These levels define Tesla’s short-term and medium-term trading zones. The price behavior near these zones will decide whether the next move is a breakout or a correction.

Scenario 1 – Bullish Continuation

If the inclined support line holds firmly, Tesla may continue its upward trajectory. In this case, buyers could attempt another breakout above the $480–$490 resistance area, which has capped gains for months. A successful breakout above this level could push the stock into new all-time high territory, signaling strong bullish momentum.

However, traders should remain cautious near the resistance zone, as this area represents a potential reversal point where profit booking can occur. Momentum indicators like RSI or MACD (if observed) would need to confirm strength for the breakout to sustain.

If bullish momentum continues, the next psychological targets could be around $520 and $550, but the stock will need a strong catalyst — possibly positive delivery numbers from China or optimistic guidance in the upcoming quarter.

Scenario 2 – Bearish Pullback

The second possible scenario involves a breakdown below the inclined support line near $430. If Tesla fails to maintain this level, it could trigger a short-term correction toward Support – 1 at $400. A sustained close below $400 may further extend the decline toward the $350–$360 zone, which previously acted as the breakout area and now serves as Major Support – 2.

This kind of pullback would still be considered a healthy correction within the broader uptrend, as long as the price remains above $350. If the selling pressure deepens, Major Support – 3 near $272–$281 would become the next critical area to watch.

Investor Sentiment and Outlook

Currently, Tesla’s stock performance is heavily influenced by external factors, especially Chinese sales data. Strong numbers from the Chinese EV market could reinforce bullish sentiment, while any slowdown or pricing pressure could cause weakness.

Institutional investors are closely tracking the demand trends, production updates, and potential announcements related to new models or AI-driven manufacturing. In addition, macroeconomic conditions such as interest rate decisions and U.S.–China trade developments can affect Tesla’s short-term movement.


Conclusion

Tesla’s chart clearly shows that the price is at a decisive point. The inclined support is the key short-term indicator — as long as it holds, the bullish outlook remains valid. A break below it would invite selling pressure toward $400 and $350 zones. On the other hand, a strong breakout above $490 could open the door for new highs, though traders should be alert for a possible reversal at that resistance.

In short, Tesla’s next move will likely be determined by whether it holds the inclined support or breaks above its major resistance. Investors should monitor both technical levels and fundamental catalysts, particularly the upcoming Chinese sales data, to gauge the direction of Tesla’s next major swing.

 

Tesla (TSLA) vs Dow Jones Industrial Average (DJIA): One-Year Performance Comparison

The one-year comparative chart between Tesla Inc. (TSLA) and the Dow Jones Industrial Average (DJIA) highlights how Tesla has outperformed the broader market by a wide margin in 2025. While the Dow Jones index shows steady and moderate growth, Tesla’s chart reflects strong volatility  a mix of sharp rallies and deep pullbacks before delivering impressive gains toward the end of the year.

Performance Overview

As of the latest data:

This shows that Tesla has outperformed the Dow Jones index by nearly 24 percentage points in the same period, confirming its strong rebound and renewed investor interest during the latter half of 2025.


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