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WaveTalks
Dec 26, 2017 8:01 AM

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

TATA MOTORS LTD.NSE

Description

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!
Comments
Hulk703
hello Abhishek Sir .

can you pls advise on technical analysis of below stock

Bupa Arabia 8210 on Investing.com
WaveTalks
@Hulk703, This stock belongs to Saudi market. Doing sideways -holding above 100 / going above 100 - it will target 150+ in 3-5 months duration.
Hulk703
@AbhishekHSinghCMT, Thank You so much Abhishek Sir ... You truly made it a Happy New Year by this message .

Am stuck in this stock at 120 since past 6 months .. I'll continue to hold :)
niteshkumar
happy new year u rockkk again
WaveTalks
@niteshkumar, Cheers!
venkat
Happy New Year ji
WaveTalks
@venkat, Wish you the same.
KamalLalchandani
target 461 ....happy new year trade
WaveTalks
@KamalLalchandani, Thanks! & Wish you the same.
KamalLalchandani
i clearly see a bounce comming dont short ........
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