TATA MOTORS LTD
Short
Updated

Is the RJ entry over-hyped?

I am not a big fan of this stock. Note the inherent bearish bias :P
Coming to the channels, there is a long term down channel working in the background.
The rise of Stock post-Covid fall can be explained as an attempt to return to the top of the down-channel as shown.
Please look to enter at the supports shown on a bullish retest.
Note
I was wrong! You got this one, RJ!

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