Tata Motors - Bearish Bat@428- Next Entry Below 419/ In 425-426

Bearish Bat at 428.

Safe Traders
Sell below 419 - Take care -it should not bounce above 420.


Risky Traders
Sell in the range of 425-426 - If holds / faces resistance does not move above 426

Note - Pattern Invalidates only above 433 which is X-level

Target 1 - 403-405

Target 2 - 395-397

Target 3 - 388-390

Trade active:

17:15 Hrs 26th Dec2017

Apologies! It is bearish Cypher / Shark pattern as C-leg extended below A -leg. In Cypher - D completes@78.6% & If D -extends beyond 80% between 88.6% - 161.8% -It turns into shark pattern.

But we will not trade above 433 -435 for short side.

Thanks Einstein.

Trade active:

14:37 Hrs 27th Dec2017

Last Price@423

Tata Motors - Pulling Down Nifty as well- Nifty @10506 from 10550. Can it pull - let us wait & watch

Comment:

14:53 Hrs 27th Dec2017

Last Price@421

Enjoy the crackkkkkkkkkkkkkkkk! - Happy New Year 2018

Trade active:

14:55 Hrs 27th Dec2017

Last Price@421.30

Risky Traders Book Profits for the day & Trade below 419 next for short side. Thanks

Trade closed manually:

15:08 Hrs 27th Dec2017

Last Price@423.30

Closing The Update. Wish You All A Happy New Year 2018. Enjoy!