Tata Motors multiyear breakout

٨ يوليو ٢٠٢٣

The Tata Motors stock has a strong support at Rs 570 level due to line of parity and 20-DMA. From the indicator perspective, daily MACD and RSI are trading in a positive territory, which is implying that the stock can hit a new high of Rs 640. Positive view stay intact as long as the stock holds above Rs 570.