This is the monthly chart of Tata Motors. As we can see it is making a breakout and is in a good uptrend. It target is the upper channel trendline. In the weekly chart below.. |
In this weekly chart, we see that Tata Motors is making an ascending triangle formation and breaking
out of it. Its minimum target is the parallel line above. It gives a target around Rs 450/-
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This is the daily chart of Tata Motors. It is indicating caution. The stock in the immediate is
quite extended and might consolidate here. However, it is one to be watched. Its move is upwards.
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