Tata Motors Mid-term & Long-term Setup

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

Comment:

partial qty

Comment:

once break 432-433 will touch 449-454

Trade closed manually:

exit partial qty...on high price..

Trade active:

accumulate

Comment:

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+