the last impulse wave is on the way

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Tata Motors Technical Analysis (CMP: 715)

Elliott Wave Analysis: The stock is in its 5th wave of the impulse wave, with a minimum target of 1000.

Fibonacci Analysis: Fibonacci confluence zones often mark the midpoint of a move. Given the midpoint at 533, the target of 1000 aligns with this structure.

Conclusion: With a potential upside of 40% from current levels, the stock remains an attractive buy opportunity, driven by its 5th wave target.

Feragatname

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