Tata Motors
CMP 669
- we are looking at weekly charts of Tata Motors
- the stock has seen a heavy beating in the last 8-9 months
- currently the stock is near trend line (starting from Aug 2021 and confirmation established in Jan 2023)
- current levels of Tata Motors has the potential to act as support zone
- from Risk:: Reward potential, stock looks good to be accumulated in portfolio from Medium to Long term perspective
Accumulation zone 620-720
Target 1 796-820 zone
Target 2 960-1020 zone
Risk Review zone if stock closes below 605 on weekly closing basis
Take care
Disclaimer
- the view expressed is not a recommendation but should be taken from educational purpose only
- I have gone wrong in the past and can go wrong again
- trading / investing involves risk and one should take decisions based on their risk appetite, time horizon and holding capacity
- pls consult your financial advisor if need be
- remember, it is your money, treat it wisely
CMP 669
- we are looking at weekly charts of Tata Motors
- the stock has seen a heavy beating in the last 8-9 months
- currently the stock is near trend line (starting from Aug 2021 and confirmation established in Jan 2023)
- current levels of Tata Motors has the potential to act as support zone
- from Risk:: Reward potential, stock looks good to be accumulated in portfolio from Medium to Long term perspective
Accumulation zone 620-720
Target 1 796-820 zone
Target 2 960-1020 zone
Risk Review zone if stock closes below 605 on weekly closing basis
Take care
Disclaimer
- the view expressed is not a recommendation but should be taken from educational purpose only
- I have gone wrong in the past and can go wrong again
- trading / investing involves risk and one should take decisions based on their risk appetite, time horizon and holding capacity
- pls consult your financial advisor if need be
- remember, it is your money, treat it wisely
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.