TataMotors - Alternate Bat PRZ 429-433-If holds then?

Jun 30, 2017

Once it starts moving above 446- that will be awesome- updated last at 23:17 Hrs on 28th June2017 in below mentioned update.

Alternate Bat Harmonic Pattern. If Tamo holds 429-433 Zone & we see support coming or if that zone holds, then plan to buy or take long positions.

Previous Update

Jun 30, 2017

Trade active

15:27 Hrs 30th June2017

Last Price@433

After whole day in 428-430 -finally it started moving upside.

Have a nice weekend.

Jul 3, 2017

Trade active

07:35 Hrs 3rd July 2017

Good Morning!

If you have patience then this stock can zoom like rocket on upside once trouble period ends so I am likely bullish till 575-620 target zone on upside.
In current situation(short term), Tamo, if fails to hold above 430 then it can dip to 410-413 Zone where it will search for next support zone.

Jul 3, 2017

Trade active

10:31 Hrs 3rd July2017

Last Price@430

Tamo is struggling in the zone 429-431- Likely we will not take any buy or long positions unless it stays above 430.

Jul 4, 2017

Trade active

09:17 Hrs 4th July2017

Last Price@435

Opened gap up - Moving above 435, Tamo looks positive for upside leg of 441-442

Jul 4, 2017

Trade active

10:36 Hrs 4th July2017

Last Price@431

We will hold with stops below 429 - Going below 429 -it becomes little tricky.

Jul 4, 2017

Trade active

10:50 Hrs 4th July 2017

Last Price@428.50

Poked below 429- it is looking little tricky now & we will wait for some more time.

Jul 6, 2017

Trade active

12:26 Hrs 6th July2017

Last Price@437

Tamo has holded 425-426 Zone twice - Looks good for 440-442 as upcoming hurdle or profit booking above 443 if sustains then 450-452 -2nd hurdle & finally 460-463 as 3 possible targets & if moves above 475 then likely it will rocket for 550- 625 levels.

Jul 7, 2017

Trade active

09:57 Hrs 7th July2017

Last Price@434

Trading in tamo is tough at the moment as it is not able to decide the direction. So, we will be little careful at current levels of 434-435.