Tata Motors witnessed heavy selling from the last few sessions & its trading at the lower side but today 25 November 2019 Tata motors witnessed buying and significant demand has emerged near its 20 ema 162.57 levels.
On the daily chart, it has formed a bullish engulfing kind of pattern which could lead the price to the higher side in the coming trading sessions.
However, buy at dip would be preferable until the time price is trading above its 20 EMA 162.57 on a closing basis.
Can we see the price will touch the 171 levels in the coming trading sessions?
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Mentioned levels hit on 27 Nov 2019
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