TATA Tech Breakout: Inverted Head & Shoulder Targets ₹856+

A bullish reversal pattern forming in Tata Technologies Ltd (TATATECH) on the daily timeframe.

Pattern Identified:
📌 Inverse Head and Shoulders Pattern

• Left Shoulder: Price dips and recovers
  
• Head: A deeper dip followed by recovery
  
• Right Shoulder: A higher low and bounce
  
• Neckline: Resistance around ₹755 is tested multiple times
  

Key Technical Insights:
Breakout Above Neckline: Today's close above ₹755 confirms breakout

Target Projection:

• Target = Neckline + Height (from Head to Neckline)
  
• Projected Target = ₹856+
  
• Volume Confirmation (optional): Typically, volume should rise during breakout for stronger confirmation
  

Sentiment:

• Reversal from downtrend to possible uptrend
  
• Bullish momentum expected to continue toward the ₹856+ zone