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nirav5
Sep 13, 2016 11:37 AM

Potential BEARISH SHARK on TATAMOTORS weekly Short

TATA MOTORS LTD.NSE

Description

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
nirav5
It kissed the first target of 519 just in 3 days on a weekly chart.
nirav5
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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