TATA MOTORS -- Daily Trendline Breakout

TATA MOTORS -DAILY CHART SETUP- Trendline breakout .

1. Tata motors on daily chart setup seen trendline breakout on last heikin ashi daily candle AT above 417-418 level

2. 200 HMA seen above 405 level . short term resistance broken above 400, from then stock seen up-trend .

3. currently stock trading above 44, 200 HMA bullish technical indicators.

4. RSI seen moving upword direction and move above 60 , above wma .

5. Golden cross of 44 and 200 HMA seen.

6. BUY can initiate @419 short term Target 430-450 and 6 month target 480-500 stop loss at 395




THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** trade at oen risk .!!
**** comments are welcome .
HAPPY TRADING. !!

Komentarz:

TATA MOTORS target 1- 430-450 HIT ....27/01/2023

HAPPY TRADING. !!

Komentarz:

ON monthly chart RSI MOVE above 60 level ..strong bullish indicator.
update : 05/02/2023