TATA MOTOR bearish parallel channel view

前天

- 816 is the good resistant level and 724 bis the best support level, when these level breaks there will be good bull or bear run happened.
- 816 is the fib golden ratio (61.8) this stock is already trading below this golden ratio level
- trading 35 % correction from all-time heigh.
- a large cap company having PE 8.9 only.

I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before trade.

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