MAYA_MUMBAI

TATA CARS LOOKING BEAUTIFUL TO PLAY HOLI !!

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NSE:TATAMOTORS   TATA MOTORS LTD
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 !!

Comments

C’mon you are playing here, I expected an invite.
+2 Reply
French_Fries French_Fries
@French_Fries, *you are playing holi*
Reply
MAYA_MUMBAI French_Fries
@French_Fries,

Play holi @ trading view with multiple colours of mac-d
Reply
French_Fries MAYA_MUMBAI
@MAYA_MUMBAI, amazing have fun.
Reply
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
kacharts 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
Reply
@kacharts, tata motors is currently at resistance level. buying should be done at retacement level @ 150- 157 levels with a stoploss of 129 :)
Reply
French_Fries stocksinboxx
@stocksinboxx, what was the news about JLR ? Is that the reason for recent pump.
Reply
MAYA_MUMBAI stocksinboxx
@stocksinboxx,

Thanks for your views
Reply
play it twice and shrink it , You will see how its moving towards the forecast
Reply
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