hello everyone as you can see ibull forming pennet formation and the oods are it goes up again to the direction of pole.
and at a stoploss area also having a support of moving average 200.
stoploss should be below 175 and target is 220 min or 250
in long ibull may come back to retest the breakout
Intraday bases 1st analysis
if tatamoters open gapup but fail to breach new high of 154-155 then its higher possibilty that uptrend having a problem and downtrend is stated..
but if it breaches new high then uptrend may continue
rt now tatamoters is in uptrend nd correct itself a littlebit upto 135
it maybe a turningpoint let see on monday what happen