TATAMOTORS - Long for 15 %

7 403
valuation is decent at current price level
after falling for 8 months, price acion is showing trend reversal
sequence of change is marked with numbers in chart

price crossed 18 day EMA and defended it thrice
on friday , price bounced from 18&50 day EMA crossing pivot level with a wite marbozu
expecting 15 % run in 1 month
target and SL marked

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