Tata Motors is near 7Y trendline - Breakout or Retest? Long

TATA MOTORS LTD.NSE

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⋅ Jan 17, 2022 9:16 PM

Tata Motors is trading near 7Y trendline.
1. A huge breakout - Low probability as volume didnt increase significantly
2. A consolidation may happen over the trendline before breakout
3. Minor correction before breakout

Overall it looks bullish for long term.

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