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raghavendrakumart
May 4, 2017 4:07 AM

Tatamotors..range expansion. Descending triangle in progress Short

TATA MOTORS LTD.NSE

Description

A descending triangle in progress in day timeframe awaiting range expansion to up OR down. Breakdown below 435, breakout of the triangle above 460.

Trade active

Range expansion in progress...and in a trending phase...a 3rd of some degree is going on. Sell on rises till price closes above 438 in day TF...conservatively weekly closing above 453
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