TATA MOTORS 26-9-21

Tata motors which witnessed sharp selling from 360 levels due to semiconductor chip shortage , is ready to make a comeback. It has broken the 317 resistance , made a high and has now successfully tested it. Wait for an up-trend in lower time frame for confirmation and then invest.

Ps : For educational purposes only.

Kommentar:

Since the time of buy call the stock has surged more than 4%. It has faced resistance multiple times at 336 levels. If there is a closing above 336 on an hourly chart then we can expect a minimum of another 10% surge in the stock price. The target remains unaltered at 360 per share.
CMP : 334

Kommentar:

Target Achieved !
Hold for more profits.