tata motor monthly chart consolidation in a range

just like coal india chart tata moto also fall big,
after making big pattern but not able
to hold above that pattern (rsi overbought area).
now bouncing from lower level
(rsi oversold area and some fibo level too)
and crossing trendline resistance.
completing initial pattern consolidating in a range.
just like rectangle or megaphone.(any alert/ announcement ???).
will observe its move. with levels
decide on ur own .

Comment:

in march'21 share holder approve demerger of pv vehicle business
in august'21 they got nclt approval for that.
since this period consolidating. let us see which side when its move go.

Comment:

333to 367 need to sustain above 360 -365 area .
in days to come .
than possible 100 point upmove ..
below 360 may retrace

Comment:

383

Comment:

408 high ...

Comment:

as said megaphone pattern ..continuous announcement and other pattern..
one fibo level 486 and today high so for 483

Comment:

333 to 700 area