- Immediate resistance levels for tata motors are 185 and the zone between 210 - 216 level.
- Price is also closing in on month High EMA. A bigger rally is possible only once price manage to close above month high ema.
- Weekly cloud and Month High EMA may act as resistance levels in the short term.
- Crude oil hits the resistance line in daily chart.
- If price shows weakness here without breaking above the trend line crude oil will start to fall.
- Breakout from trend line will find it hard to cross 89 - 90 levels.