Hello Friends, Nice Cup and Handle formation in TATAMOTORS. Expecting it to breakout the handle and target 80+% on the higher side to 1025. Share your comments, please
Tata Motors looking for next leap if all goes well can see it above 500 600!
TAMO looks to form LH-LH, and longs better to initiate above 437.
Bullish negative divergence is seen on daily charts. Will be confirmed by an up-move from here. Target - 400+ (30+%) SL - 280
Although Tata Motors stock is down more than 70% from its fall, there is still no signal for a reversal in monthly chart. But it may give a good returns in next 1-2 months. Tata Motors can give a returns upto 30-40%, as we can see a growth in volume ans RSI is in oversold position. Also in daily and weekly chart buying has been seen forming Bullish Divergence. We...
A diagonal Triangle pattern may be on verge of completion in Tata Motors. Diagonal Pattern is a reversal pattern that leads to prices completely reversing the distance traveled by the pattern. The pattern has been traced between 192 and 163.5. We may expect the prices to move back to 192 level once the pattern completes and prices breakout. The time taken to...