Hello Everyone,
Here I have analysed the Tata Motors chart and it looks bullish for long term.
It has took Support on previous strong support.
And that zone is also 0.50 fibonacci level which is an healthly retracement considered in price action analysis.
Stock has also given breakout recently which looks good on 1W Timeframe.
So this stock looks good on 1M and 1W TF, hence this can be considered as bullish setup.
Disclaimer: This is just an a price action analysis of stock Tata Motors. Don't consider this as an stock tip or advice. Invest/Trade at your own risk.
Here I have analysed the Tata Motors chart and it looks bullish for long term.
It has took Support on previous strong support.
And that zone is also 0.50 fibonacci level which is an healthly retracement considered in price action analysis.
Stock has also given breakout recently which looks good on 1W Timeframe.
So this stock looks good on 1M and 1W TF, hence this can be considered as bullish setup.
Disclaimer: This is just an a price action analysis of stock Tata Motors. Don't consider this as an stock tip or advice. Invest/Trade at your own risk.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.