Hello friends, I am Surendra Pal, welcome to your own website Bhartiye Share Market. Friends, in today's article we will tell you about Tata Motors. We will analyze Tata Motors Limited's stock and talk about its support and resistance. So without any delay, let's start the article.
Tata Motors Limited Support -
If we talk about Tata Motors Limited's support, then we will tell you about the support of Tata Motors Limited here. Now you will be able to see here that in the screenshot you will get to see that the price of our stock is around 700 and now if we talk about the support, then here you get to see the first support which you get to see at 694.45 paise and this is your first support, the second strong support is seen here at 683.20 which works as a strong support for you and if the market goes below this level, then you will get to see the support here which will be 673.70 paise and if it goes below that, then 666 will be a strong support for you, so here we have told you about the supports of Tata Motors Limited and you will be able to see them easily in the screenshot also.
Tata Motors Limited Resistance -
So now let us talk about the resistance of Tata Motors Limited, so right now our market is around 700 and if our market moves upwards here, then where can we see the resistance, if you look here, the first resistance that you will be able to see is at 707.50 to 711.50 paise, which will work as a small and strong resistance for you.
And if our first resistance breaks here and the market moves upwards, then here you will have a second resistance which is going to be between 731 to 735, this will act as a strong resistance for you and the market can bounce back from here, so you have to be careful here and you can exit your position here and if you want, you can continue it by placing a stop loss.
Tata Motors Limited Target -
Talking about Tata Motors Limited's stock price target, here you can see a target of 733 and I am not giving you any recommendation, this is what my analysis says and you should take our analysis only for educational purposes, I am not advising you to make any investment here, if you want to invest then invest only after taking advice from your advisor
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