Tata Motors
Strong Resistance zone at 280-292
Less Likely to hold this zone.
Traders may short sell close or within this zone.
Momentum Indicators will be overbought in this zone.
Lower top lower bottom formations likely to continue.
Today it has kissed 280 at 34 bar EMA.
Conclusion
It may soon retest the 260-255 Levels.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
