TATAMOTORS : Present up move is short lived.. be careful Short

TATA MOTORS LTD.NSE

Description

⋅ Dec 25, 2018 10:34 AM

As per my wave analysis, the present up move is short lived, so keep tight SL and take profits.

The next moves are indicated in the chart.

Happy trading..

Comment

⋅ Dec 31, 2018 10:35 AM

We are still in consolidation of the first move up, so do not jump in for shorts now please.. Let it develop some more and we will be more clearer as to what it is trying to do..

The point is that shorting is not the target guys, but, we should be waiting eagerly for the LONG up move as and when it happens, till then we sit like a cheetah and wait, wait.. wait.

Comment

⋅ Jan 10, 2019 8:42 AM

Prices did follow the UP move, but now we are looking for the down move.. Happy trading..

Comment

⋅ Mar 10, 2019 6:47 PM

TataMotors, according to me, this is still not an up move..

Beyond Technical Analysis Wave Analysis

Comments

chandru81

⋅ Dec 29, 2018 11:08 PM

Hi, What do you see now? Shorting opp?

TheChauhansView

⋅ Dec 31, 2018 10:35 AM

@chandru81, We are still in consolidation of the first move up, so do not jump in for shorts now please.. Let it develop some more and we will be more clearer as to what it is trying to do..

The point is that shorting is not the target guys, but, we should be waiting eagerly for the LONG up move as and when it happens, till then we sit like a cheetah and wait, wait.. wait.