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TATA MOTORS LTD

TATAMOTORS

618
observations::
Price enters into the monthly resistance area...
where a strong fall is observed in this area.
we have a demand zone @440 range...
snapshot

while breaking the resistance @480-500 range price leaves a demand again....

snapshot

Now price is near to previous gap down range..

snapshot

no sign of bearishness is observed...
if the gap acts as resistance will observe a fall again...
keep track these levels...

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