In recent years TATA Motors has given a negative return and it is one of the most underperforming stock in the NIFTY.
But after having a long time frame view and recent parallel channel breakout with an immense amount of volume (in Billions) that has never seen before, the stock seems too promising.
So, there is a very good buying opportunity in long and as well as F/O trading perspective.
Major/Longtime resistance - 300
Buying level - current levels or 300+
Targets - 330, 330+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
But after having a long time frame view and recent parallel channel breakout with an immense amount of volume (in Billions) that has never seen before, the stock seems too promising.
So, there is a very good buying opportunity in long and as well as F/O trading perspective.
Major/Longtime resistance - 300
Buying level - current levels or 300+
Targets - 330, 330+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Trade closed: target reached