Long

Go long with TATA MOTORS .medium term investement +3 months

Updated

The Stock has shown great support at ~377. I believe that is bottom level. check graph for support and resistance levels

Trade active

long position at 419

Note

first support at 408/409. if breached do not square off.at 399 levels it should take support . or downside is till 377. enter with stagger purchases. buy on dips. near term resistance at 431 next at 485. the channel started with a upside move hence once it ends it should break up.
lets wait for T1 431 and T2 485

Note

Also my CMF is about ti turn positive

Note

431 acting as a Resistance and 409 should be SL

JyotiSahoo

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