롱

Tata Motors: What a rally... is it going to stop or continue ???

업데이트됨

Tata Motors
Closing price 172

The stock has seen a stupendous rally from lows of 60 odd levels

This is our view mentioned earlier

Tata Motors: At long term support levels...

Were we lucky to catch the bottom around 70 odd levels...???
We did book profits around 115 and again re - entered at sub 100 levels...

My firm belief is, in stock market, with analysis and knowledge, you tend to feel lucky more often... :-)

What you want to believe, well I leave that choice to you...

Coming back to analyzing current set up

we observe
- the stock has given a break out
- any dips towards 158-160 levels may be a good entry opportunity

Target potential 198 / 228-236 / 266 odd levels in medium term

Pattern gets invalidated if weekly close is below 135

All the best....!!!

Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

액티브 트레이드