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SWING2TRADER
Aug 2, 2022 6:50 PM

Supply Zone Breakout in Tata Motors (D) Long

TATA MOTORS LTD.NSE

Description

Tata Motors has finally broken the previous supply zone of 460-475. With stock approaching all-time high levels looks very bullish. We can buy at the current price with SL@ 425. Possible targets are mentioned on the chart.

Tata motors is one of the fundamentally strong companies which is a leading global automobile manufacturer. It is a formidable player in the CV segment in India and offers a broad portfolio of automotive products including trucks, buses, coaches and defense vehicles. It is the leading player in the CV segment, with a market share of 43.0% during FY20.

This is not a trade recommendation, Do your own analysis before investing.
Do share your views on this.

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Comments
LuciferMorningstar777
what is your view on s h kelakar , earnings are coming and expected to be very good can it give major break out ?
SWING2TRADER
@patilyashraj777, Don't know buddy, but it is trading near its resistance. If it closes above 150, it may go.
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