TATA MOTORS - Bearish

24 thg 12, 2024

Head and Shoulder formation on Dailey charts.
Targets are marked.

Reducing volume and declining momentum

The idea is for academic interest only

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The stock has bottom and reversed. Show 2 white soldiers pattern based on last 4 days.
Strong Bullish price action and momentum. Once can open Long positions above 808 if price sustains above 50 DMA on daily closing basis.