Buckle Up! Tata Motors Gearing for a Long-Term Reversal !Tata Motors – Reverse Cup & Handle Formation (Long-Term View)
A reverse cup and handle formation is clearly visible on the long-term chart of Tata Motors, developed over the past several years. The price earlier witnessed a major rally, formed a rounded top (the “cup”), and then created a small right-side consolidation (the “handle”). Recently, a breakdown occurred, and the price is now retesting the breakdown zone around ₹410–₹450.
This retest region acts as a critical make-or-break zone — a successful hold below it could trigger further downside initially; while reclaiming it can open the path for a strong upside rally toward ₹3,300 levels, as indicated by the measured move projection.
On the momentum side, the RSI shows a hidden bullish divergence (H Bull) — RSI is making higher lows while price makes lower lows, suggesting that downside momentum is weakening and a possible long-term reversal could emerge from this retest zone.
Summary View
Pattern: Reverse Cup and Handle (multi-year)
Breakout/Breakdown Zone: ₹410–₹450
Potential Upside Target: ₹3,300 (measured move projection)
RSI Divergence: Hidden Bullish Divergence indicating reversal potential
Outlook: Long-term investors can watch this zone for accumulation or confirmation-based entry once strength reappears.
