Intraday pick for 20th August 2021

Tata motors on a 15 min timeframe is forming a descending triangle. It might breakout of the consolidation as there is volume support as well. Nifty Auto looks good to support this. There is a positive RSI divergence in the same timeframe at that exact price point. This also supports this analysis.
15m15min15minchartChart PatternsDivergenceTechnical IndicatorsintradayLONGtatamotorsTrend Analysis

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