TATAMOTORS levels are following FIBONACCI level. All these levels will work as entry, target, support and resistance on either side.
Red Down mark arrow suggest entry for Sell side and Green up mark arrow suggest entry for buy side trade.
For Example, if it breaks down 284 level then it will be a sell trade and target will be blue line marked below on the chart. And if takes support from 284 then there will be buy trade and target will be blue line marked above it on chart. And further if it breaks 286 then this will be again entry point for buy trade.
I am giving small targets considering current situation in TATAMOTORS and also for quick trade and profit booking.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.