Reliance,SBI and Tata Motors @Long term Support
TATA MOTORS
The 975-980 Band for TATA Motors is a good Long term support as shown in above chart.
If its gets broken only visible support is @ 900 Levels.
Stock has been forming lower lows and a close above 996 will negate that.
Buy around 980 With a sl of 972 Tgt 989,996,1003
Sell below 975 Tgt 964 and 955
SBIN
State Bank of India has formed a Head and Shoulder Pattern as shown in the Rectangle.
Neckline is placed around 2165.
Break of 2165 can drag the stock till 2000 in extremely short term where long term …
Read the full story »
The 975-980 Band for TATA Motors is a good Long term support as shown in above chart.
If its gets broken only visible support is @ 900 Levels.
Stock has been forming lower lows and a close above 996 will negate that.
Buy around 980 With a sl of 972 Tgt 989,996,1003
Sell below 975 Tgt 964 and 955
SBIN
State Bank of India has formed a Head and Shoulder Pattern as shown in the Rectangle.
Neckline is placed around 2165.
Break of 2165 can drag the stock till 2000 in extremely short term where long term …
Read the full story »
posted by Bramesh at
8:28 AM
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