Naren_Abbaraju

11-20% upside in TATA MOTORS

做多
NSE:TATAMOTORS   TATA MOTORS LTD.

After consolidating in a range for more than 4months, Tata Motors has finally given a breakout with good volumes and entered it's previous price channel.

The stock can reach it's ATH levels in few weeks and can see more upside potential if it breaks it's previous high.

A positional trade can be taken with the below targets and SL
Target1: 532
Target2: 579
SL: Depending on your risk, my preference would be the resistance it faced previously(Around 458-460)

Please perform your due diligence before taking a trade.

Happy Trading :)
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。