Market Trading Guide: Tata Motors among 5 stock recommendations for Friday – Stocks Ideas

On a daily chart, the price managed to surpass the previous swing high with good volume, indicating more strength on the upside in the near term. In addition, the price has given a breakout of flag and pole pattern with spurt volume indicating a continue bullish trend. At the same time, the indicator MACD also suggested a positive crossover.

(Vishal Wagh, Research Head, Bonanza Portfolio)


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