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pranavshrimal
Nov 9, 2021 6:51 AM

TATA MOTORS Consolidation  

TATA MOTORS LTD.NSE

Description

TATA MOTORS after seeing a huge breakout from 350 levels has been consolidating between 480-510 for almost a month. The good news is that the stock has taken strong support and shown resilience at 475 levels any price below 475 is a buy zone as the stock has recovered quickly after dropping below 475.

Upside and Downside both capped. Until we see a strong closing above 515-520 levels we can expect further consolidation.
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