TATA MOTERS is forming a Bull Flag pattern Formation, where its at the lower end of the channel. it has completed the D wave and is showing a sign of entering in wave E and its expected to give a breakout above 1280 confirmation of the uptrend to continue. Stochastic are also trading in over sold zone and is giving a positive intersection where some bounce is expected. immediate resistance at 1130 and 1280, once both the resistance is crossed sharp upsdei move can be expected.
Difference of the Pole which started from 670 testing the level of 1375 and on crossover of 1280 will confirm the higher target.
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