MAYA_MUMBAI
Education

TATA CARS LOOKING BEAUTIFUL TO PLAY HOLI !!

NSE:TATAMOTORS   TATA MOTORS LTD.
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Here i have shown a weekly chart of Tata motors with support and resistance

As an investment - i guess Tata motors is a good buy because of following reasons :-

1) Break of lower low - lower high pattern..
2) Break of trend-line..
3) Mac-d on weekly & daily time frame is positive..

Buying can be done in the range of 160-170 with Sl as 150....
Immediate Resistance should be 244...

critics are welcome to criticize on the post !!
play it twice and shrink it , You will see how its moving towards the forecast
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You are more interested in learning , then you forecast should work perfectly or approximate 95 % in the direction of the trend , and i am attaching my private post which you play it and see the result also you can shrink it in case you cant see the larger view
 
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Not looking as a recovery unless able to sustain above 200..
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MAYA_MUMBAI StockChart_Analyst
@StockChart_Analyst,

True , confirmation can come above 200
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C’mon you are playing here, I expected an invite.
+2 Reply
French_Fries French_Fries
@French_Fries, *you are playing holi*
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MAYA_MUMBAI French_Fries
@French_Fries,

Play holi @ trading view with multiple colours of mac-d
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French_Fries MAYA_MUMBAI
@MAYA_MUMBAI, amazing have fun.
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Firstly...... welcome to trading view community .
i totally agree with you...... it is definately a good buy with a stoploss of 129 on daily closing basis :)
+1 Reply
KumarAbhilash stocksinboxx
@stocksinboxx, cmp 189 and u r talking 129 sl - its 32% from here and if u talk abt 32% m sure retrun is atleast 64% which is again 300 plus level
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