I also wish to thank yogi sharma & Ajay sharma for the wave counts in Tata Motors...
Now what Next
As pointed in the chart ,
The next question will be -- Can Tata Motors now cross the hurdle or the Supply area ??
I present this question to the esteemed trading-view audience !
Tata motors will now waste its time for the rest of the month
in between 129 and 170 levels (The demand and supply area)
Lets see the pendulum movement
Newton’s third law states that every action has a reaction of equal force.
Can we see any reaction ?? Picture abhi bi bakhi hai !!!
Tata motors is still wasting its time between the Demand & the supply zone
it will be interesting to see When Tata motors reach 170 to see whether bearishness will prevail
Is it a good time to short ??
Picture abhi baki hai Dost !
Tata motors reached Supply area
Tata motors finally crossed the supply area
And what a move it was
I only believe in Longs
Take a brake its moving in next 17 to 18 trading days ,
Since it is showing lower high lower low pattern , So probably your chart may get its Due ,
However markets are full of surprises