TDXPRIME

tatamotors a great opportunity

Long
NSE:TATAMOTORS   TATA MOTORS LTD
this is the best price to enter the trade now . It is following the shark harmonic pattern . But stock can fall till lowest blue line as well so we need to maintain stop of nearest blue line so maintain stop of 271 now .
target for long side range is 367-402.
goodluck
Comment: rsi is at 50 level and may take resistance so beware
Trade active

Comments

Waiting for the level till lowest blue or rather 250. What time frame you expect for the same? But as per your chart point C has already been surpassed, and stock is still at 280 today. So, either the C should be somewhat more on the right hand side. and if yes, the high expected at D will be at lesser price and time frame to reach will increase.
+1 Reply
TDXPRIME Hotstocks009
@Hotstocks009, i do not think it will fall now as todays candle has much greater volume than yesterdays candle in 1 day chart . see it yourself, but still if any blue line is breached downside in atleast 45 minute candle then price will surely hit lower blue lines
+2 Reply