- Nifty month chart failed to confirm upward momentum by closing below 5 Month High EMA and the falling resistance line.
- Weekly chart is testing 5 Week High EMA. Week has to close above this moving average and the resistance line to confirm a breakout.
- Daily is trading above 5 Day High EMA and 20 SMA. Daily is also trading near golden ratio which should be crossed on a closing basis
- TATA MOTORS CHART ANALYSIS
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