tatamotors : trade setup : 1. buy with stop loss as 275 on closing basis 2. targets : 312/325/335/349/357+
key technical highlights : 1. stock is trading in range for the whole year from jan 2021 till today in price band of ( 280 to 357 ) . 2. trading in parallel channel & rectangle pattern 3. multiple time frame analysis stock is having , good strong support at 280 & multiple strong resistance at 357 4. demand zone 5. recent weekly volume is dry to low . 6. in hourly pattern there is an inverted head and shoulder pattern seen for a breakout at 304 to 305 for 326+ targets