Date 04.07.2024
Tata Motors
Time frame : Weekly
I have taken long chart to display that how beautifully technical analysis works in big stocks where manipulation is not possible or not that easy. Therefore i personally request each one of you to practice technical analysis & take trades based on technical analysis only at nifty 50 & bank nifty stocks with higher market caps.
Coming to the stock mentioned below are the key points;
1 use fibonacci retracements to buy on dip, 50% & 61% are best in case of dip.
2 Use flag for swing trades as support & resistance
3 Use flag breakout for long trade
Regards,
Ankur
Tata Motors
Time frame : Weekly
I have taken long chart to display that how beautifully technical analysis works in big stocks where manipulation is not possible or not that easy. Therefore i personally request each one of you to practice technical analysis & take trades based on technical analysis only at nifty 50 & bank nifty stocks with higher market caps.
Coming to the stock mentioned below are the key points;
1 use fibonacci retracements to buy on dip, 50% & 61% are best in case of dip.
2 Use flag for swing trades as support & resistance
3 Use flag breakout for long trade
Regards,
Ankur