Of course Today the Tata motors hits the prices by 10% but this might be the correction in the market or the temporary dip , need buy this stock at this right time.
a far better result would be seen tommorow, on the opening price atleast or you can sell in the opening.
As the graph shows the neutral all over the technical it had showed the V-shape recovery after the march downfall. This Stock tending to show the higher levels in the long posiition over the time with curv recover over the downfall.
This graph shiows the support and resistance in green while the chart is being bounve back from the positionof support today at 16 dec. so the chances of touching the next resistance to 190 to 197 is more while the trend line also shows the v shape recovery after march fall down.
The market share is showing the bull run b y breaking all the resistance these trend show it might go up to 3 to 3.5 in the next week. stop loss should be at 2.20 to 2
