TATA Motors has picked up positive momentum after taking support from 200EMA.
Price crossed 50EMA and formed Bullish Engulfing candle, signifying positive momentum
Basis Fib levels, a minor resistance can be seen at 139-140 level, once breached it can go Up, near to resistance zone 150 in next two weeks.
TATA Motors consolidating with a symmetrical triangle at the top of an Uptrend.
High possibility of breakout(Point C) upward.
Target 1 - Point D and Target 2 - Point E.
Keep an Eye
TATA Motors did go up today as said in earlier idea but had a fall. It is forming an inverted flag and pole pattern.
Can be traded at breakout at a target of 129 and 127 respectively.
TATA Motors forming a double bottom pattern and can be traded above the neck line drawn at around 130.6 to a target of 136.
I hope its the correct pattern I've drawn . Open for suggestions.
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Tata motors has been showing downtrend in previous sessions and traders are scared
for the loss so there is a so much volatility in...
Hello friends , Today i have the technical chart Of Tata Motor Dvr Technical Analysis . Friends as you can see here that it is making Double Top chart pattern which means it can go down and it is down . You can take its Stoploss at 61 Rs and Neck line at 57.10 Rs Its target you can take is at 46.60 Rs as shown in the picture and I have also shown that it can come...
Tata Motors CMP trend is visibly showing higher highs and lower lows for past few months. Lows have significantly increased for minimum RSI and demand volume has increased considerably. Next Breakout is expected in a month when Tata Motors breaches 153 price level of resistance. Trend is expected to continue post this breakout as next level of resistance is the...
![TATAMOTORS: [Short Term] Go long After Downtrend Channel Breakout](https://s3.tradingview.com/r/rItCq4hB_mid.png "[Short Term] Go long After Downtrend Channel Breakout")
