Sunandamedi

TATA MOTORS (Disturbing candles appearance)

Short
NSE:TATAMOTORS   TATA MOTORS LTD
Three white soldiers observed which has started retracing from 40% of earlier huge rise.

This disturbs me and makes me to infer that there could be reversal upto 167 / 164.8 levels. These are at 50% Fib levels.

Stop loss should be maintained.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.