Tata Motors Mid-term & Long-term Setup

Updated
Tata motors trade between parallel channel down and trying to take trend line support. It also having double bottom pattern.
Cmp 425, best accumulation entry level 360-432.

Mid-term & Long-term Levels:

R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
432 454 490 526 548 584 641 677 713 735

S1 S2
360 338


Cheers!
Trade active
Buy@928 for delivery
Note
partial qty
Note
once break 432-433 will touch 449-454
Trade closed manually
exit partial qty...on high price..
Trade active
accumulate
Note
trade active tatamotor
Trade active
active at 366 strict stop loss 350. if close below 361 possible for down side instead target 374-394-432-449+
Chart PatternsTrend Analysis

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