Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel.
One can short at: CMP - ₹425 Target - ₹ 410 / 400 / 390 SL - ₹ 445(closing basis)
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Vanathi