Tata Motors - Breakout Zone

٧ يوليو ٢٠٢٢

With good news coming from China on stimulus we can expect JLR to gain significant traction. (Helps with semi-conductor shortages are going down).
The stock has crossed the diagonal trendline resistance and also moved above the 100EMA.
The next step is the AVWAP of the entire downmove at 440.

Long above 440 with a 5% StopLoss on the trade.