atin28
Long

Buy breakout on TataMotors LTD

NSE:TATAMOTORS   TATA MOTORS LTD.
TataMotors LTD Outlook: On daily and hourly basis Tata motors having clear breakout with supporting buying volume , Entry 386-396 area Target-402/420 level and Stop-380 level.
On daily chart you can see a double bottom breakout above 390 level on line chart and hourly basis you can see a downward resistance line breakout at 384 level on last Friday.
Over all stock shown a clear reversal signal and long term basis above 420-425 level stock can be traded if overall market continued up trend.
Trade closed: stop reached
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