TATATECH Support & Resistnce

29 Sep

#TATATECH
Current Price: *1,121
Trend: Bullish consolidation, approaching a potential breakout.
Chart Pattern: Ascending triangle formation suggests a potential upward breakout. Resistance: ₹1,169 (immediate); strong resistance at this level.
Support: ₹1,080 (initial) and ₹1,045 (major).
Volume: Recent trading volume of 4.4 million shares; 15-day average volume of 3.5 million shares.
Recommendation: Consider buying on a breakout above ₹1,169 for swing trade or on pullbacks around ₹1,080 with a stop loss below ₹1,045 for better risk
management.