TATAMOTORS : 60MIN CHART - Correction can break at any time.

After a strong move down, tatamotors is in a correction phase. We are able to see small candles on the 60min chart suggesting to us that this is a correction formed. There is not strong support for the stock till the 150 level. Traders can sell after the break of the correction which is at 155.40. Traders should look for targets of 153 and 150.

Trade active

Trade closed: target reached:

Target 1 achieved

Trade closed manually:

Target 2 achieved