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PriceTimeSquare
Mar 8, 2021 6:34 AM

TATAMOTORS | Gann Octave Analysis Short

NSE:TATAMOTORS30
TATA MOTORS LTD.NSE

Description

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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

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Trading below 322.

Trade closed manually

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Sharp bounce back to trade activation level 329.

Comment

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Reversed from 329 | Trading near lower channel target of 309
Ganngaanoctave
Comments
ankit_smile92
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when to buy as it reached 309
PriceTimeSquare
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@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 :)
Muskan1984
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for long
Muskan1984
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can I buy from here
PriceTimeSquare
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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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