Here i have shown a weekly chart of Tata motors with support and resistance
As an investment - i guess Tata motors is a good buy because of following reasons :-
1) Break of lower low - lower high pattern..
2) Break of trend-line..
3) Mac-d on weekly & daily time frame is positive..
Buying can be done in the range of 160-170 with Sl as 150....
Immediate Resistance should be 244...
critics are welcome to criticize on the post !!
As an investment - i guess Tata motors is a good buy because of following reasons :-
1) Break of lower low - lower high pattern..
2) Break of trend-line..
3) Mac-d on weekly & daily time frame is positive..
Buying can be done in the range of 160-170 with Sl as 150....
Immediate Resistance should be 244...
critics are welcome to criticize on the post !!