Tatamotors forms a bullish pennant

4 thg 2, 2021

Tatamotors is forming a bullish pennant with last minute buy with three pyramid volume candles and MACD signals buy in intraday and positional. The stock had taken good support on 50 ema throughout the after noon session and closed above the 50ema. Current position is right below the VWAP which shows potential upper break out and hitting of 344-352 levels tomorrow. The stock will not face remarkable booking unless it touches 365-372 levels. But be cautious at 345-355 range.