Tata Motors completes the Inverted H&S pattern today and is looking bullish for the medium to long term with a horizon of INR 1000/- (almost double the price today).
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Although the target has been achieved however since TATA MOTORS announced the demerger on 04/March/2024, its impact and other questions are answered herein to my YouTube channel. Interested investors and traders may watch the same. Observations and comments are welcome.
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My YouTube channel link is now updated.
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@jainmanishdy, some of the second hand car companies have reported good earnings. Might mean people are buying new cars again which could help TATA too.
Hobbytopassion_ManishJain
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@zAngus, haha!! Yes, it seems a by-product of our estimates.