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Nihit-Saxena

TATA MOTORS LONG: TARGET 325, 350

Long
TATA MOTORS LTD. (NSE:TATAMOTORS)  
Nihit-Saxena Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
Trend Analysis Chart Patterns Technical Indicators tatamotors LONG range MFI squeezemomentum vixfix support resistence Daily Charts
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trendanalysis chartpattern indicator tatamotors long range mfi squeezemomentum vixfix support resistence daily
SIMPLE RANGE BOUND TRADE
MFI BULLISH
SQZMOM JUST STARTED TO TURN BULLISH
VIXFIX COULD SIGNAL END OF CORRECTION ANYTIME NOW
TARGETS 325 350
SL upon breach of current support at 285 (on EOD basis)
Comment:
Not the clearest of SL breaches, Feb gap also still remains unfilled. Let's see where we open tomorrow (and also close)
Comment:
Note/Disclaimer: This is a strictly technical view, not a fundamental one.
Comment:
Looks like the support is validated and rebound has begun. Nice.
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