Tata Motors - Will it go to the moon or fall to ground?

Having reversed from harmonic ABCD and strictly following the dynamic support line, price is now 180.

Key level to watch is 200 - .786 Fib of ABCD + psychological level + multi month resistance.

20% move can be seen on either side of 200 depending on how it behaves around it.

Above 200 will look for 240, 240-250 would be profit booking, and strictly above 250 for 280.

On downside, if 200 acts resistance, would look for 170 and below that 150 as targets.

Trade active: Decision Point reached, now looks like a candidate for short, but will let price decide the direction and then just follow it
Trade active: Gave more than 10% move today, BOOOM!!!
Trade closed: target reached: another Boom T1 hit!!


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