@NahidPatel2021, 230 is a good support zone where one could enter in small quantity (bottom fishing). Ideally should reverse between 230-235. However, the chart hasn't turned positive yet.
NahidPatel2021
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@CautiousChartist, Thank you
Chinmayonniftyy
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Nice analysis. Bro tata motors is looking bullish can you check it? Flag pattern breakout with retest. Please share your views.
CuriousChartist
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@chinmaypatnaik, With a SL of 300 one can enter. The BO initially wasn't convincing enough so this retest could be construed as weakness too. Since the auto sector looks good we could assume it could resume its upward journey. I would however, enter only above 335 here to be convinced.