Jeevan_Shetty
Short

TATAMOTORS.. Sell Signal ??

NSE:TATAMOTORS   TATA MOTORS LTD.
After a brief meaningless rally last week, TATAMOTORS failed to cross 200 level for the third time
A bearish divergence with breaking down of two important levels suggest further fall after a minor pullback as shown
Comment: Rejection again at 185-186 levels
Trade active: Sell on Rise
I also think it will go down, in 3-6 days,
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good charting ! what is your longer term prediction? will it cross 200 or can it dip below 130
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Jeevan_Shetty MAYA_MUMBAI
@MAYA_MUMBAI, Can't be sure as of now until elections get over, but I am more inclined towards 130 levels considering H&S formation in NIFTY
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