Tata Motors | Near ATH resistance | Latest stock market news
(3 minutes read)

Stock name: Tata Motors

Pattern: Near ATH resistance

Time frame: Monthly

Observation:

The stock has been in a ferocious uptrend after forming the covid lows and has consolidated for the last 1.5 years. It is currently approaching its All Time High (ATH) and as per technical analysis, this can act as a resistance. However, once these levels are taken out, it can lead to a good positional up-move in the stock.

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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.

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