Tata Motors
Date 07.09.2024
Tata Motors
Timeframe : Day chart
Remarks :
Formed symmetrical triangle pattern on the top of the trend. Currently closed at base/support band of triangle pattern. If goes below or breaks below the low of previous day then most probably would test support & resistance zone at 1026, if breaks that as well the second target would be 921.
One can make use of Fibonacci sequence as support & resistance or step by step target/s
Regards,
Ankur
Tata Motors
Timeframe : Day chart
Remarks :
Formed symmetrical triangle pattern on the top of the trend. Currently closed at base/support band of triangle pattern. If goes below or breaks below the low of previous day then most probably would test support & resistance zone at 1026, if breaks that as well the second target would be 921.
One can make use of Fibonacci sequence as support & resistance or step by step target/s
Regards,
Ankur
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