Tata Motors - potential reversal
Stock is down 35% from ATH, corrected one way
Stock taking support @ Monthly 20 EMA
RSI turning up from 50 levels on Monthly, 40 levels on weekly and back to 50 levels on daily chart - suggesting bullish bias
Latest Close crossed above EMA 20 on daily chart
Stock showing strength on 75 min chart (MACD, RSI and ADX bullish)
Buy @ CMP 817 Stop Loss @ 759
Stock taking support @ Monthly 20 EMA
RSI turning up from 50 levels on Monthly, 40 levels on weekly and back to 50 levels on daily chart - suggesting bullish bias
Latest Close crossed above EMA 20 on daily chart
Stock showing strength on 75 min chart (MACD, RSI and ADX bullish)
Buy @ CMP 817 Stop Loss @ 759
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