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tarunsamantabd
Jan 1, 2022 5:18 PM

breakout in tata motorsย Long

TATA MOTORS LTD.NSE

Description

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As you can see tata motors breakout on daily time frame also the stock has given good returns and is in uptrend . on 1 hr timeframe and in 15 min timeframe the stock also retested its level and the confirmation is cnx auto breakout 3 days ago.
auto sector looks bullish and the semiconductor chip shortage will be resolved soon
I am not a sebi registered person please ask your financial advisor before entering any position in it
do your own analysis
Comments
sahiltechbc
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Bro why u r not looking at the volume?
Volume is decreasing on the other hand stock price is increasing,
Did u notice that๐Ÿ‘€
tarunsamantabd
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@sahiltechbc, in accumulation stage volume tend to decrease . volume does not matter much only price action matters in some phases of technical analysis
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