tata motors is completed complex wave pattern W-X-Y contained with in the channel
once break above the channel one could expect price to go high
other wise price could retrace back to form 'wave - Z' of complex W-X-Y-Z and then it will go high
for investment tata motors could be added to watchlist for a target of 660
once break above the channel one could expect price to go high
other wise price could retrace back to form 'wave - Z' of complex W-X-Y-Z and then it will go high
for investment tata motors could be added to watchlist for a target of 660
Trade active:
as expected price braked upper boundary line of channel, as EWP corrective wave's are contained with in the channel, once the break of the channel price could move in impulse/motive wave, near term price target for tata motor is 540 ,
Trade closed: target reached