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Raghulramdoss
Oct 7, 2021 12:35 PM

Bullish on TATAMOTORS Long

TATA MOTORS LTD.NSE

Description

This scrip had brokeout from the C&H pattern, by going with the pattern the target will be around 22%-25% and the SL can be below the support level. It provides us the RRR of 2.25 i think it can be achieved in next 2-3 months as there's a festival season, there can be increase in Company Sales which may reflect in scrip too.

Trade closed: target reached

I hope you would have booked some nice profit in this trade. Long term investor may even hold it for another 2-3 years as experts believe semi conductor shortage will be resolved in H2CY22
Comments
MarimuthuSuppaya
This stock is rocking presently and future medium and long term bet. Keep pyramiding and buy on dip for wealth creation.
Raghulramdoss
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