Tata motors, this stock has given very good breakout along with good intensity of volume, in daily time frame its a rounding bottom breakout and in weekly its a bullish flag and pole breakout, trend indicator macd in weekly has also turned positive uptick, that too above zero line which is very good sign, along with positive in daily too, all other parameters are also suggesting signs of bullish trend ahead, one more positive sign is index of auto sector has also given flag and pole breakout same day. one can go long for positional medium term period in this stock tata motors at current levels or in dips ( if any ) with key levels mentioned on chart.
wave structure and key levels breakout with volume macd in weekly macd in daily rsi in weekly rsi in daily bbc in weekly bbc in daily positive ungali in weekly poaitive ungali in daily stochastic in weekly chart pattern in daily chart pattern in weekly
Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing