Tata Motors- Cup with handle pattern-Investment opportunity

Tata Motors Chart Analysis

Tata motors

Cup and Handle Pattern

Tata motors chart analysis- Pattern- Cup with handle

Tata motors is a hot cake for trading from last 1 year.

Interestingly it is forming a pattern which can be used to initiate a new buying position in the underlying.
These are my views, not a recommendation.

Also, this analysis is for the cash market, not futures.


Here We can consider a buying position if the underlying crosses recent highs of 358.

Targets are around 460 to 480.

Stop loss– Daily candle closes below 300.

Initiate trade only if price moves above 358 comfortably.
Article by MR. Soumitra Saboo

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Blog Provides Views and Opinion as Educational Purpose Only, We are not responsible for any of your Profit / Loss with this blog Suggestions. The owner of this blog is not SEBI registered, consult your Financial Advisor before taking any Position.

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