Motor and electric Vehicle giant Tata Motors has given Breakout from Inverted Head and Shoulder pattern with good volume.
Once the price sustains and closes above Rs. 707. The stock should rally to its target of Rs. 880
One Should remain positive till price breaches and sustains below right Shoulder of the pattern.
The possibility of positive movement is fueled by the recent GST rate Cut possibility announced by PM modi. 👌
Also, there is positive news about fulfillment of Rare Earth Metals (very essential in EV vehicles) from China.😱
Note: This analysis is for Educational Purpose Only. Please invest after consulting a professional financial advisor.
Once the price sustains and closes above Rs. 707. The stock should rally to its target of Rs. 880
One Should remain positive till price breaches and sustains below right Shoulder of the pattern.
The possibility of positive movement is fueled by the recent GST rate Cut possibility announced by PM modi. 👌
Also, there is positive news about fulfillment of Rare Earth Metals (very essential in EV vehicles) from China.😱
Note: This analysis is for Educational Purpose Only. Please invest after consulting a professional financial advisor.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。