UnknownUnicorn5412484
Long

Tata Motors continuation idea

NSE:TATAMOTORS   TATA MOTORS LTD
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This is one person’s experience, your experience may differ.

Continuation to last ideas posted.
Comment: Energy point worked perfectly...target reached in morning hour itself.
Comment: SECOND ENERGY POINT TOO WORKED PERFECTLY..BOTH SAME DAY
Trade active: Iadded more position @103 with trailing Stop loss@101
Comment: will move stop loss to 102.25; market structure is about to change in comming weeks; prices may breakout either way from symmetrical triangle consolidation pattern.
Comment: Breakout of symmetrical triangle consolidation pattern; and satisfied the level (roughly 3%, same as head and shoulder breakout - as per classical chartist Edwards and Magee). Move Trailing stop loss to 110, last swing low.

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