Tata Motors Passenger Vehicles Ltd on the weekly timeframe shows a clear transition from a strong uptrend to a corrective phase.
After a long consolidation in 2021–2023, the stock gave a powerful breakout followed by a healthy retest, which triggered a multi-year rally.
The upmove slowed near the major resistance and supply zone around ₹590–₹690, where heavy profit booking created a distribution phase.
In 2025, the chart formed a classic Double Top pattern, indicating weakening bullish momentum. The breakdown below the neckline confirms bearish sentiment, pushing the price toward lower support zones.
Key supports lie at ₹318, ₹312, ₹273, ₹266, and the major demand zone between ₹218–₹232, where long-term buyers may re-enter.
Upside strength will return only if the price reclaims the neckline and sustains above the major resistance at ₹452–₹495.
Until then, the short-term trend remains bearish while long-term structure stays intact above the demand zone.
After a long consolidation in 2021–2023, the stock gave a powerful breakout followed by a healthy retest, which triggered a multi-year rally.
The upmove slowed near the major resistance and supply zone around ₹590–₹690, where heavy profit booking created a distribution phase.
In 2025, the chart formed a classic Double Top pattern, indicating weakening bullish momentum. The breakdown below the neckline confirms bearish sentiment, pushing the price toward lower support zones.
Key supports lie at ₹318, ₹312, ₹273, ₹266, and the major demand zone between ₹218–₹232, where long-term buyers may re-enter.
Upside strength will return only if the price reclaims the neckline and sustains above the major resistance at ₹452–₹495.
Until then, the short-term trend remains bearish while long-term structure stays intact above the demand zone.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.