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Tata Motors Update

11 Sep 202006:35 AM

Tata motors is at the lower end of a reverse channel and at the 20dma near 140-137 and the top end of the channel is at 165. A reverse channel means a trendline of the highs first with the intent of finding support at the lower end. once a low is established we can redraw a normal channel from the last two lows for the upside resistance and so on.

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