Technical Stock Pick: Tata Motors almost doubles in 1 year; should you buy, sell or hold?

January 15, 2024

Short-term traders can buy the stock for a target of Rs 870. The stock rose from Rs 412 to Rs 817, reaching a fresh record high of Rs 818.95. It witnessed a breakout on the daily charts and is trading above crucial moving averages. The daily RSI is at 77.1, indicating overbought conditions. The daily MACD is bullish.

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