TATA MOTORS IS IN AN UPTREND AND HAVE BEEN FOLLOWING NIFTY50 CLOSELY MOREOVER IT HAVE TAKEN 50 EMA AS MULTIPLE SUPPORT YESTERDAY IT FORMED A HAMMER WHICH SHOWS BUYERS HAVE GOT IN CONTROL SO WE HAVE TREND IN PLACE WE HAVE AREA OF VALUE IE EMA ANND OUR ENTRY TRIGGER IS THE HAMMER THAT FORMED YEATERDAY WE CAN KEEP A TIGHT SL OF 2-3% AS PER YOUR RISK APETITE.WE SHULDNOT FORGET THE ONGOING PANDEMIC THAT IS GOING ON SO KEEPING IN MIND THE OTHER FACTORS YOU CAN TAKE POSITION
I AM NOT A FINANCIAL ADVISOR I AM JUST TELLING MY OPINION BASED ON MY STUDY.IT MAY PROVE RIGHT OR EVEN WRONG WE ALWAYS HAVE TO KEEP REWARD IN OUR FAVOUR
I AM NOT A FINANCIAL ADVISOR I AM JUST TELLING MY OPINION BASED ON MY STUDY.IT MAY PROVE RIGHT OR EVEN WRONG WE ALWAYS HAVE TO KEEP REWARD IN OUR FAVOUR