TATA MOTORS - DVR
Stock finding strong trend line resistance at current levels, technical indicates as long as stock holds below bears will be favored, bulls action can be seen once stock closes and holds above its resistance zone @ 274.
Its RSI indicator is moving in overbought zone this indicates stock can see some correction in coming days.
Its other technical indicator slow stochastic just turned -ve this will favor bears.
Intraday we can see some bulls action once it holds above 274, will find intraday resistance around 277, 279.
Visit link to read article on what is nifty futures.