After the short correction Tata Motors stock has bottomed out near 440 levels and has witnessed a decent pullback to improve the bias, Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher Pvt. Ltd, said.
Tech View: Nifty indicators give positive signals, likely to face resistance at 24,694. How to trade tomorrow
Nifty formed a bullish candle today, closing at a 5-session high after establishing a triple bottom in the 24,073-24,140 range. Indicators signal a bullish short-term