Get started
TATA MOTORS LTD
Long

Classical Head and Shoulders - Breakout Awaited

By Trade-Wealth
Updated
Tata Motors has made a classic head and shoulder pattern on daily charts, need breakout above 470 for confirmation.
Upon confirmation one can enter for target of 480, 490 & 500. SL 460.
Note
Text book stoploss shall be right shoulder lower that is 450.
Note
No confirmation move yet
Note
Below 450 this is no more valid pattern.
Note
No confirmation move yet
Order cancelled
Chart PatternsHead and Shoulders
Trade-Wealth

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.