Tatamotors:183.30 at support.Next Res:282 Stop:165

Tatamotors:183.30 is at a trend line support now with the indicators are highly over sold.
Both Stochastic & WR% is highly over with a kind of Breakout from the Res: line.
It can make a move towards the next resistance 282. Stop Loss:165

The long term TL (blue line) will be a strong resistance if it cross the 282 level. However fundamental values doesn’t support to have such a vigorous move in near future.