Tata Motors is trading near 7Y trendline.
1. A huge breakout - Low probability as volume didnt increase significantly
2. A consolidation may happen over the trendline before breakout
3. Minor correction before breakout
Overall it looks bullish for long term.
1. A huge breakout - Low probability as volume didnt increase significantly
2. A consolidation may happen over the trendline before breakout
3. Minor correction before breakout
Overall it looks bullish for long term.