TATA MOTORS
Analysis on daily chart
for SWING TRADE
TATA MOTORS forms rounding bottom pattern which bullish pattern and resistance according to this pattern 356-357. GOOD OPPORTUNITY ABOVE THIS TO BUY
if TATA MOTORS break this and sustain then good upside move expect in near future.
also Tata motors in good uptrend and after some retrenchment price break high of rejection area same as rounding pattern.
Next level for resistance is
403
432
483
SL 315
Analysis on daily chart
for SWING TRADE
TATA MOTORS forms rounding bottom pattern which bullish pattern and resistance according to this pattern 356-357. GOOD OPPORTUNITY ABOVE THIS TO BUY
if TATA MOTORS break this and sustain then good upside move expect in near future.
also Tata motors in good uptrend and after some retrenchment price break high of rejection area same as rounding pattern.
Next level for resistance is
403
432
483
SL 315