Keep eye on tata motors Tata motors give life tym high on yesterday and it also done a good breakout in rsi and price action chart we are bullish in it
Buy it at 1048-1069
Target 1160 1200 1264
Sl 1027
Tatamotors-breakout
Keep eye on tata motors Tata motors give life tym high on yesterday and it also done a good breakout in rsi and price action chart we are bullish in it
Buy it at 1048-1069
Target 1160 1200 1264
Sl 1027
bull circle: tatamotorsTata motors , a strong breakout candidate. It has broken its immediate resistance. keep it in your radar!
Possibility of a breakout in TATA MOTORSTATA MOTORS showing signs of breakout in Daily Timeframe. If there is a breakout, the possible targets could be 500 and 530.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
TATAMOTORS triangular patternTatamotors is forming triangular pattern on 1D chart. Look for a breakout soon.
TATA MOTORS 15MINTATA MOTORS is making atringle pattern can also make a head and shoulders pattern from here or can do a breakout.
Mahindra and Mahindra viewMahindra and Mahindra has given another break out. Support and resistance plotted in the chart.
Tata motors Buy above 150 ClosingTata motors is a good buy above 150 range as it was earlier travelling in channel,and above 150 its a clear breakout of channel.
TATA MOTORS - When to enter ?This chart is made at the request of @Santosh7856.
CMP 143
Even though the stock has finally broken the resistance of the recent ascending parallel channel which is a great sign, the stock still faces 2 resistances from long descending parallel channels i.e from September 2016 and June 2018.
The catch here is the stock looks positive and is supported by MACD as well but only because Nifty might need to take a breather after such a long rally which is why I am in doubt and would ideally not enter at this moment.
Above 158 is quite safe to enter for a long journey as it becomes a very strong support.
The immediate 2 targets are indicated in green lines with the percentage of expected returns.
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