Technical Outlook & Trading Strategy:-
The Share price of Tata Motors has been consolidating in a narrow range of Rs 695--Rs 740 for the last few session.
With today’s movement the share has closed above this consolidation range. It has also has closed above its short term moving average.
We believe the share price could head towards the level of Rs 765 /Rs 780 in the near term.
We recommend traders to buy at current levels with a stop loss placed below ` 721 levels.
Idea Cellular Ltd. CMP—Rs 99.95
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