Tata Motors Technical Opinion - Stock Talk with Nitin Bhatia #3 Hindi HD

Tata Motors Technical Opinion is crucial because it is beaten down stock and is trading at its multi-year low. For some investors, the valuation might look attractive, In this video, we will discuss whether is it a wise decision to buy the Tata motors for long term investment or swing trading. In the price action strategy, an ascending triangle is forming on the charts of Tata motors. For Tata Motors Technical Opinion, it suggests that it can break out. However, such patterns also result in the breakdown of the stock. However, the closure above the resistance line or below the slope of higher lows will decide the direction of the future movement. As Tata motors is a highly volatile stock, therefore, for a stock to move up, it is important that volatility should subside. As a thumb rule, high volatility means high risk thus stock may trade range bound. The correlation between the nifty index and Tata Motors is Zero. Therefore, if it gives buy signal then it can be a good candidate to hold even the market is non-performing. In option chain analysis, there are NO major support points. However, there are strong resistance points. Therefore, the probability of moving higher is very low. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia