bjitesh

bjitesh

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any trading decisions. Updated Technical Analysis: Based on the updated chart, TATA Motors appears to have transitioned into a reversal pattern, breaking out of the previous downtrend and moving into a...

bjitesh Updated 

The chart shows TATA Motors trading within a well-defined downtrend channel, indicating bearish momentum. Key price levels and Fibonacci retracements are highlighted to assist in planning potential trades: Downtrend Channel: The price has been consistently respecting the downward sloping channel boundaries, currently testing the upper boundary near 793.60. A...

bjitesh

Reversing Trend: Suzlon indicates a potential trend reversal. Volume Increase: Noticeable increase in volume at the support level suggests buying interest. Support Level Holding: The stock has successfully held above the 4-hour (4H) support level during market correction. Possible Retest: There may be a retest at the 72-73 levels before the stock begins its upward...

bjitesh Updated 

A bearish descending triangle pattern has formed in gold 1 hour chart , showing a bearish trend continuation.