Big Move Loading? Tata Motors Eyes Key Breakout Above ₹720

📈 CMP: ₹698.40 (+2.66%) 📊 Resistance: ₹720 – Crucial Breakout Level Possible Upside 8 to 10% The stock is approaching a key resistance level at ₹720. A decisive move above this zone with strong volume and a bullish reversal confirmation could open the gates for an 8–10% upside rally in the short term. From a technical standpoint, price action is showing strength after a healthy consolidation. The downtrend line is being challenged, and momentum indicators are pointing toward a possible bullish breakout. On the fundamental side, recent developments are favoring the bulls. The much-anticipated India–UK Free Trade Agreement (FTA) is expected to benefit Tata Motors significantly, especially its JLR (Jaguar Land Rover) division by easing export norms and boosting demand. Additionally, the demerger of the commercial vehicle business has been approved by shareholders. This restructuring move could unlock substantial value and improve business focus across verticals. 🌐 Market sentiment is also supported by positive speculation around a US–UK trade deal, which would further enhance JLR’s export prospects and global reach