TradingView
anandlive
May 16, 2023 6:56 PM

Tata Motors - What happens next 

TATA MOTORS LTD.NSE

Description

As you see on the charts, if the stock crosses 550 levels and sustains above, it can be considered as the breakout of the Cup & handle pattern. Also, the rising parallel channel will be giving scope for a further upside move.
If does not cross 550 and not sustaining above, then this setup fails.
This is only one view according to the chart patterns, there may be different views while considering different time frames and setups.
Keep a watch . All the best.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.

Comment

Keeping up the pace. Moves almost 100 points. Keep tracking. All the best.

Comment

Reached 640.

Comment

Crossed the projected price,
More