TATA MOTORS

7 oct 2021

Tata motors, this stock has given very good breakout along with good intensity of volume, in daily time frame its a rounding bottom breakout and in weekly its a bullish flag and pole breakout, trend indicator macd in weekly has also turned positive uptick, that too above zero line which is very good sign, along with positive in daily too, all other parameters are also suggesting signs of bullish trend ahead, one more positive sign is index of auto sector has also given flag and pole breakout same day. one can go long for positional medium term period in this stock tata motors at current levels or in dips ( if any ) with key levels mentioned on chart.

wave structure and key levels

breakout with volume

macd in weekly

macd in daily

rsi in weekly

rsi in daily

bbc in weekly

bbc in daily

positive ungali in weekly

poaitive ungali in daily

stochastic in weekly

chart pattern in daily

chart pattern in weekly


Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing