The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal.
Following the breakout, the stock has successfully retested the trendline, further
validating the upward momentum. 2. Indicators:
MACD: Buy signal confirmed.
Oscillator: Buy signal confirmed.
3. Moving Averages:
The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend.
________________________________________ Target Prices • T-1: ₹1115 • T-2: ₹1150 • T-3: ₹1180 ________________________________________ Stop Loss • SL: ₹1045 ________________________________________ Summary: Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk. ________________________________________
Disclaimer: "Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades."
Trade closed: target reached
Already Crossed the 1st Target on 6th Sep and made a high of 1122.90
Trade closed: target reached
Made a high of 1136 above the 1st target and heading towards the 2nd target
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