TATA MOTORS has made a triple bottom structure and given a 7 month old trendline breakout. It's closest resistance is 450 - buy above this level for short term target of 458 and 465.
Another positive sign is that the price has started moving above 100/200 EMA.
Once we have a closing above 465, we can expect mid term targets of 475 and 500.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Another positive sign is that the price has started moving above 100/200 EMA.
Once we have a closing above 465, we can expect mid term targets of 475 and 500.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
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All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.