TATA MOTORS LTD. - ASCENDING TRIANGLE PATTERN

2 ביולי 2020

TATA MOTORS LTD.

#TATAMOTORS is in a Bullish trend and has formed an ascending triangle pattern on 30 mins chart.

RSI is moving upwards towards 50-level.
ADX is BULLISH
TT2 30mins trend is BULLISH as well.

WAIT FOR THE BREAKOUT on either side.

For the upmove:
Buy above 102.7
SL 101.5
Target - 103.6/104.6

For the downmove
Sell below 100.1
SL 101.45
Target 98.65
97.35

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.