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Tata motors near a break out level.
TATA MOTORS LTD
Long
Tata motors near a break out level.
Di Mambotrade
Segui
Segui
30 nov 2022
4
30 nov 2022
Tata motors on the daily time frame has closed near a resistance zone and can give a good movement above the resistance zone.
20 and 200 ema are close enough and there can be a bullish moving averages cross over.
A intraday and swing trades can be initiated in the bullish side once the stock starts closing above the 440 level.
Target :- 453, 471
Stop loss :- Close below 20 ema on daily chart.
The stock is also good for a long term gains and can give good profits.
Markets have created new ATH and the stock can also follow the trend.
Wait for the stock to start trading above 440 levels and 3% gain can be captured in a positional trade.
Candlestick Analysis
Moving Averages
NIFTY
Support and Resistance
tatamotor
tatamotors
tatamotorsanalysis
tatamotorslevels
tatamotorslong
tatamotorsshort
tatamotorstechnicalanalysis
tatamotorstrendanalysis
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