Looking at the recent chart patterns, it seems that Tata Motors shares have the potential to rise in the coming time. The stock has been forming higher highs and higher lows, indicating a strong uptrend. Key technical indicators such as moving averages and RSI are also showing bullish signals. There is consistent buying interest at lower levels, suggesting investor confidence. If the stock breaks key resistance levels with volume support, it may see further upward movement. The overall market sentiment and sector performance also support this view. However, investors should stay cautious and monitor key levels before making any decisions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.