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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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。