TATA MOTORS IS FORMING A HUGE CUP & HANDLE IN WEEKLY TIMEFRAME.THIS CUP & HANDLE FORMATION TOOK 6 YEARS TO COMLETE & IT ACTUALLY DID A BREAKOUT & RETESTED THE PATTERN,RIGHT NOW ITS GETTING SOME RESISTANCE AROUND 526 BUT ONCE IT'LL BREAK & CONFIRM THIS LEVEL AS A SUPPORT WE ARE GOOD TO GO ABOVE.
NOW THERE ARE TWO BUYING ZONES :
FOR SAFER SIDE BUYING - ONCE IT'LL BREAK & CONFIRM THE SUPPORT ABOVE 526 YOU CAN BUY,
ANOTHER PRICE POINT TO BUY IS BETWEEN 464- 486. #NFA #DYOR
NOTE- PATIENCE IS REQUIRED FOR SUCH A GAINS SPECIALLY IN TRADITIONAL STOCKS.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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Comment:
FIRST 650 & THEN ABOVE.
