SARAVANARAJA1992

TATA MOTORS Short Team

Long
SARAVANARAJA1992 Updated   
NSE:TATAMOTORS   TATA MOTORS LTD
Tata motors has shown some very nice bullish reversal signs from 290 support zone which has proved to form support for the stock in the past several months
1. W double bottom formation with attempt to break W neckline.
2. previous day bullish hammer followed by strong bullish candle follow up with decent volume
3. break of downtrend trend line
4. Strong bullish divergence on RSI
Trade closed: stop reached: day trader stop loss hit. and long term holders plz hold. main sl 370

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