Tata Motors is trading on a Support Zone as mentioned on the chart.
There are Two Support Zones has drawn on the chart with buying levels & their targets.
SHORT TRADE will be only create when a Candle break and close Below the Support Zone 1.
there is remained less room for down movement, can reverse from Support 1 or Support 2.
All study is based on Harmonic pattern, fibo ratios and price action.
There are Two Support Zones has drawn on the chart with buying levels & their targets.
SHORT TRADE will be only create when a Candle break and close Below the Support Zone 1.
there is remained less room for down movement, can reverse from Support 1 or Support 2.
All study is based on Harmonic pattern, fibo ratios and price action.
Note
Support Zone 1 has BrokenTrade active
LONG TRADE Levels Updation:-Long Trade only be create if Price Closed Above @395.00 on same Timeframe.
Target 1 @425.00
Target 2 @440.00
Target 3 @460.00
Note
Now it's Ready for Take-off...Note
Support Zone - 402-398Note
First Target Achieved....Note
Target 2 @440.0 has also achieved...Trade closed: target reached
All Targets got Achieved.From 395 to 460, Total 65/- Rupees in less than 1 month.
But didn't get even a single LIKE for my study till yet. And this is the Most de-motivational thing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.