The stock saw a very good move from 530 levels to 581 levels in just the past few sessions, now it is consolidating in a range of approx 10 points near its previous resistance zone.
Considering the previous straight move, it looks like the stock is getting ready for a breakout.
Heromotoco bounced from the support, and the current structure is of higher highs and higher lows, and sustaining these support levels, the stock could move towards 3350 and 3470 levels in the coming weeks.
Trade Type: positional
NSE:TATAMOTORS has been underperforming consistently since 2016 (around 4.5 years). It's been in a textbook downtrend so far, making lower highs on the Weekly chart.
But with the strong moves December onwards, the stock has cleared a very important hurdle and has broken market structure. This may potentially mean that it could finally be a favourable as a...
$nio chart is looking interesting with the symmetrical triangle formation, a close above 48.5 can lead to a breakout.
Also, Nio day is near on 9th Jan, an annual event for the company to make major announcements for products or services. Will it lead the rally to ATH?
Whether you like it or not, BYND is the first mover in the alternative meat industry.
There is just way too much upside and growth to be captured in this nascent industry.
Future trend toward green environment and sustainability will only push this industry higher.
Three scenarios-
#1. Test the local resistance one more time and break out of the bull...
