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Tatamotors looks more bullish

Scheduled Pinned Locked Moved Charts
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  • R Offline
    R Offline
    Raju Ranjan

    Pro User

    wrote on last edited by
    #1

    The current formation on the P&F chart is a bullish ABC breakout. Tata Motors' performance in
    the Nifty Auto sector has been exceptional, making it an outperformer in the market. Furthermore,
    the Nifty Auto index itself has shown strong performance compared to the NIFTY50 index. The
    presence of a series of bullish anchor columns indicates a bullish trend. We can anticipate
    further bullish momentum in the near future. Any price retracement will be an opportunity for a
    fresh entry, and the pattern will fail below 514

    03 June Tatamotors.png

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