viks.gupta9894
Long

Tata Motors Mid-term & Long-term Setup

NSE:TATAMOTORS   TATA MOTORS LTD
Tata motors trade between parallel channel down and trying to take trend line support. It also having double bottom pattern.
Cmp 425, best accumulation entry level 360-432.

Mid-term & Long-term Levels:

R1 R2 R3 R4 R5 R6 R7 R8 R9 R10
432 454 490 526 548 584 641 677 713 735

S1 S2
360 338


Cheers!
Trade active: Buy@928 for delivery
Comment: partial qty
Comment: once break 432-433 will touch 449-454
Trade closed manually: exit partial qty...on high price..
Trade active: accumulate
Comment: trade active tatamotor
hi,
this is going excatly as per your analysis...can i buy @ 386 or or wait for 371?
Reply
viks.gupta9894 butterfly87
@butterfly87, I think need to wait till 371 might be possible candle close(as per market act) below 371 if happens then avoid till 320. If you are looking for long term then accumulating zone 320-360-371
Reply
butterfly87 viks.gupta9894
@viks.gupta9894,
Ok..thank you!!
Reply
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