NSE:TATAMOTORS
Looks like a great opportunity to go long for TATAMOTORS.
TATAMOTORS formed Inverted Head and shoulder pattern and It broke the previous resistance zone (309-311)
Now look for the retest and make an entry (also consider the volume spike at the point of retest)
If so, make entry ONLY ABOVE 315 - 316 range and Go Long
target 1 : 325
target...
In the weekly chart of Coal India, we can see a head and shoulder's bottom being form (represented in white colour). Also, the stock has been facing a strong resistance in the levels of 147-151 since a long time. Seems like the stock is gearing up for a breakout. We can confirm this once the price moves up 150ish level.
