PriceTimeSquare

TATAMOTORS | Gann Octave Analysis

Short
NSE:TATAMOTORS   TATA MOTORS LTD
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3
TATAMOTOTS | Gann Octave Analysis | Bearish Possibility

  • Possibility of heading towards lower channel in 309 zone.

  • Trade Activation Level : 329 (Currently sustaining below this level)

  • Bearish Entry Below 322 | Support levels: 320 / 316 / 311 / 309 / 302

  • Bullish Entry Above 332 | Resistance levels: 336 / 343 / 347 / 350

  • Not a trade recommendation.

Comment: Trading below 322.
Trade closed manually: Sharp bounce back to trade activation level 329.
Comment: Reversed from 329 | Trading near lower channel target of 309

Comments

when to buy as it reached 309
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PriceTimeSquare ankit_smile92
@ankit_smile92, In my opinion, 284 and 247 are strong support levels below 300 | One can accumulate on dips from investment point of view | Not a recommendation :)
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for long
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can I buy from here
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@Muskan1984, NO (from the short term trading perspective) | The stock may fall further from here | Can be accumulated on dips from investment point of view.
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