stocknocks

Tata Motors- Inverse Head & shoulder 1D

NSE:TATAMOTORS   TATA MOTORS LTD.
Importance of Analysis:

1. Bullish market structure
2. Inverse Head and shoulder
3. Trendline breakout Heading For R1: ~360
4. Good Market Sentiment and Recent News
5. Support & Resistance zone: 340 to 360 (Consolidation)
6. Target:
Short term: 375+
Mid-Term: 400+
Long-Term:450+
7. Stop loss: Anywhere between 300-330 (According to your Risk appetite)
8. You can go to smaller time frame for more details

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