Tata motors have broken its Triangle pattern and started moving upwards. It shows decent increase in volume that may take the prices higher to 350 & 380 levels. At 350, it will face some resistance. We can continue the long position , if it breaks 356.
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
I think it might reverse as global sentiment is -ve and again continue momentum after 2 or 3 days.Instead of triangle i have drawn a channel from 3rd Feb, it gave Breakout yesterday. Let's see what happens
natarajanshankar
⋅
@gunasantosh999, As you said 335 can act as a temporary resistance. Thanks for the comment