Tatamotors ready again Long

TATA MOTORS LTD.NSE

Description

⋅ Oct 24, 2021 2:49 PM

After a huge move, tatamotors has been consolidating for few days and is moving in a triangle pattern in 1 hour time frame. Good breakout from the pattern may give a huge move again

Trend Analysis

Comments

sonuji

⋅ Oct 24, 2021 3:20 PM

Up or down

Rohithx

⋅ Oct 25, 2021 1:10 PM

@sonuji, since the higher time frame is in uptrend we will look for breakout. If the stock breakdown from the pattern we will not take position

AKSHAYKUHADIYA

⋅ Oct 25, 2021 5:24 PM

@Rohithx, hmm
today breakdown happened, now what should we do

avinash_kr

⋅ Oct 26, 2021 11:37 AM

@AKSHAYKUHADIYA, it was a false breakdown looks like. And it appears to be a breakout?!