AbhishekHSinghCMT

Tata Motors -Turning Right in Block Hole - 350 to 357 & Down@348

AbhishekHSinghCMT Updated   
NSE:TATAMOTORS   TATA MOTORS LTD
As suggested in the previous idea of Axis Bank - an update was mentioned about Tata Motors that we are looking for a upside push from 350 to 357 - Look Motors has turned close by from 357 (Actual-358. 40 ) like a block hole delivery & taking the wicket.

Axis Bank Selling with bearish shark

Trade active: 12:25 Hrs 16th March 2018

Last Price@344.30

Support between 342-343 could hold TM for some sideways to upward movement in the zone 346-348 before it resumes downside move again.



Trade active: 14:19 Hrs 16th March 2018

Last Price@341.75

A dip below 342 - holding close -we are expecting a bounce which could be seen by day end / next week.

Once you get the bounce -you can plan to sell on rise for targets lower than 342 later.
Trade closed manually: 13:13 Hrs 19th March 2018

Last Price@335

Unfortunately - No bounce above 342-343 - selling continues - niceeee

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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