AS YOU CAN SEE NIFTY FORMS INVERSE HEAD AND SHOULDER AND ITS NEAR ITS NECKLINE IT MIGHT STAY NEAR NECKLINE FOR FEW DAYS BUT IT WILL BREAKOUT .THE PURPLE LINE IS NECKLINE AND THE BLACK LINES ARE SUPPORT AND RESISTANCE ! GOOD RISK TO REWARD RATIO ! 20DMA PROVIDES SUPPORT !
AS YOU CAN SEE THERE IS A W BOTTOM IN TATA MOTORS WITH LARGE VOLUMES IN THE LAST TWO DAYS AND IN SUPPORT THERE IS MACD BREAKOUT AND BULLISH RSI