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UnknownUnicorn22711483
Aug 24, 2021 9:07 AM

tatamotors a great opportunity Long

TATA MOTORS LTD.NSE

Description

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

Trade closed: target reached

finally patience paid off :)
Comments
Hotstocks009
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.
UnknownUnicorn22711483
@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
UnknownUnicorn22711483
@Hotstocks009, 412 high :)
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