TATA MOTORS LTDShort
TAMO: ready for fall
463 is a new support, but since it was a sudden gap up we can expect a gap-filling and hence a downtrend is expected. The RSI reached 90s level and hence overbought zones and it sustained for many trading sessions in a row; the correction was long due.
But post-correction the uptrend can be expected to continue. Bollinger bands are supportive.
But post-correction the uptrend can be expected to continue. Bollinger bands are supportive.
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