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Tata Motors: Clear Sign Of Climax Selling

Published 11/11/2019, 11:05 AM
Updated 07/09/2023, 06:32 AM

Tata Motors Indicating a clear sign of Climax Selling . But before making any further decisions, lets pay attention to the below points :

(1) Tata Motors (NS:TAMO) training below its rock solid resistance of 181-184 level

Monthly Tata Motors

(2) Below RSI has given bullish breakout but trading near its crucial falling trend line resistance.

(3) Climax Buying will only be confirmed above 181-184 levels.

(4) Above 184 closing we assume it may rise till 217-232 levels with a strong base of 141 levels. (CMP 174)

Please Note : Analysis is purely for Educational Purposes

Latest comments

I took option of TATAMOTORS and i am in loss. I bought 10units for 1re. now its 60paisa. should i hold or sell. script of 31st march. please suggest
Hold
Above 315 these months and nifty also 15,750 peaks pickings up again
avoid news moving stock. no doubt it's a good stock but avoid fresh investment in this stage. let's see it will fall tomorrow
tata motor come down to 110-130
plz tell in present time... its support and resistance... and tell in which level we should buy...
what Happened to your selling Mr. Nishant Bali.
he was correct
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