Technically, on Daily Time Frame, it has made perfect rounding bottom pattern and also gave breakout of it from the level 596 where it had the neckline of it.
And then it also took support from neck line level at 596 level.
Now the next breakout level for this stock is at 700 level.
This stock is for...
🔥 ready for a massive launch 🔥
buy if possible @ 120-22 range or wait for breakout around 140 range
(the decision is yours which type of investor you are? bottom tracker or breakout picker)
sl below 115(small risk high benefit)🙏
my targt 200-300++ 🎯🎯
period 3-1 year⌛
but need patience,⌛
note that :-
“The stock market is a device to...
Stock has given a breakout over it's neckline of the inverse head and shoulders pattern, with high volumes and buying crossovers on various oscillators. Stock looks to be in uptrend and buying will remain intact. Pitch right in and go long with the mentioned stop-loss, for the mentioned targets.
Tata Motors DVR looks set for gains if it closes above Rs.115 with targets of Rs.185 and Rs.208 in sight. The positional call on this one will become active only above Rs.115 and the targets might come in a few months to a year.
It is been observed on the Monthly chart that the price action broke above the downward trendline after 10 years indicating a big move ahead. It is indicating buyers comeback and it shall further take the price up. Interesting thing is that fundamentally the stock is trading below its intrinsic value, which qualifies it for a good investment.