nirav5
Short

Potential BEARISH SHARK on TATAMOTORS weekly

NSE:TATAMOTORS   TATA MOTORS LTD
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2
TATAMOTORS has recently respected 2.0 Fib retracement of BC-leg. CD leg can be 1.618 to 2.24 of BC-leg. Potential Bearish Shark on its way.

Comments

It kissed the first target of 519 just in 3 days on a weekly chart.
+1 Reply
Looks like Shark Jaws have hold the firm grip. Tatamotors will remain in the bearish mode till the gap of 572 is unfilled. We can expect first target of 519 in the coming weeks.
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