"TATA Motors in D wave for 500, Daily chart" by trader Niftymovers — published 2017-12-22

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TATA MOTORS LTD (NSE:TATAMOTORS)

NSE:TATAMOTORS TATA MOTORS LTD

Fibonacci AB=CD tatamotors tata

fibonacci abcdpattern tatamotors tata

NSE:TATAMOTORS Daily chart . A to B leg extended beyond 0.618% (Golden ratio) n retrace to 0.786%. Not a perfect ABCD pattern . But one can watch once if it crosses 440 levels. for the target of 500.

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