Tata Motors - Daily Chart Analysis - 23.11.2021

Tata Motors as per the chart patten analysis is in brief consolidation and once the resistance 525 level is broken then target 550 is achievable. So far the stock had tried to break this level twice and there might be a third attempt and if it sustains above 525 level then its a consolidation break out or it might retrace and in the 4th attempt it can break. More the stock consolidates and tries to hit the resistance level the more the chances the stock will touch 600 level too. Iam already holding the stocks and wish you all a very happy trading.