Tata Motors is forming a similar pattern as before. The price has closed above 20-50-100 sma.
Trading level is only for aggressive traders who like anticipatory positions
Good entry level for people looking for fresh entry with small stop loss.
The price surged from a crucial support level with good volume, showing the formation of a strong base pattern. Price closing above 20-50-200 sma's. No buy recommendation, but this price level appears favourable for considering fresh buying and further pyramiding if the price starts progressing further.
