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Classical Head and Shoulders - Breakout Awaited

Long
TATA MOTORS LTD. (NSE:TATAMOTORS)  
Trade-Wealth Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
Chart Patterns Head and Shoulders
20
11
chartpattern headandshoulders
Tata Motors has made a classic head and shoulder pattern on daily charts, need breakout above 470 for confirmation.
Upon confirmation one can enter for target of 480, 490 & 500. SL 460.
Comment:
Text book stoploss shall be right shoulder lower that is 450.
Comment:
No confirmation move yet
Comment:
Below 450 this is no more valid pattern.
Comment:
No confirmation move yet
Order cancelled
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