TATA MOTORS is on discount and about to reverse from its BU-OB

11 Nov

TATA MOTORS is on great discount price as it is trading near its daily TF buying Order Block(792.45 - 811.10) and it has given a break of structure on its 4H TF at the level of 822 and it can change its character at the level of 853.60 and once it closes above 890 it is going to be strongly bullish . This is a good time for long term investors and swing traders to enter this rally as all the targets are open and it can give a good risk to reward it will only become weak if it closes below 790 and above 793 it is safe to buy with a long term view.