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TATA MOTORS LTD
Long

TATA MOTORS | Bull pennant forming

By kautilya_k
Hey guys, it's been a while since i posted. I have been working on a project lately and thus have been occupied. Will try to post regularly from now on.

  • There seems to be a bullish pennant forming on the chart.
  • Buy here for a good RR ratio.
  • Price most likely won't drop below the trend line as its been maintaining above it for a very long time now, indicating it as a strong support.
  • Target is 117. (17%)


Thank you!

BSEChart PatternsTechnical Indicatorsnify50nsepennantpatterntatatatamotorstatamotorslongTrend Analysis
kautilya_k
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