Weekly Updates 11/12/2020 - Tata Motors
Weekly Updates 11/12/2020 - Tata Motors.
Let’s look at Weekly chart of Tata Motors
As we can see the above chart , Tata Motors came out from trendline which was acting as strong resistance from last 3 years. We can see this as good movement for the Bulls. Now probably Tata Motors can be seen making news highs in coming days , and we can consider it as good opportunity to start accumulating shares for long term.
For Next week trading purpose, 175 level acts as strong support and If it breaks below 175 and closes below 175 in any day candle then we can see some selling pressure for short time.
Every price drops in Tata Motor can be good buying opportunity for long-term investment. 175 level in Tata Motor acts as strong support and can be seen very important level. Let’s see the overall market trend & can decide trend .
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