TATAMOTORS is in uptrend for months now. One can see the beautiful uptrend on below daily chart.
On hourly chart its contracting in triangle pattern. In last trading session the stock got the rejection from the upper arm of triangle and started the pullback. The pullback is confirmed with the rejection from RSI overbought region. Go long once it touches the trend line and start a move up from the triangle.
On hourly chart its contracting in triangle pattern. In last trading session the stock got the rejection from the upper arm of triangle and started the pullback. The pullback is confirmed with the rejection from RSI overbought region. Go long once it touches the trend line and start a move up from the triangle.