TATA CARS LOOKING BEAUTIFUL TO PLAY HOLI !!

Here i have shown a weekly chart of Tata motors with support and resistance

As an investment - i guess Tata motors is a good buy because of following reasons :-

1) Break of lower low - lower high pattern..
2) Break of trend-line..
3) Mac-d on weekly & daily time frame is positive..

Buying can be done in the range of 160-170 with Sl as 150....
Immediate Resistance should be 244...

critics are welcome to criticize on the post !!