Double top formed in weekly chart of TATAMOTORS

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Double top is formed in weekly chart of TATAMOTORS, Key level to watch is 360. The price may now go to test 360 zone.

Now it would be interesting to see whether TATAMOTORS can give breakout above 360 or reverse from 360.

If you are looking to invest in this stock then you should only do so if it gives breakout above 360 and sustain in daily chart. Otherwise it will come down for correction and you would be able to buy it at lower level.

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