WaveTalks

TataMotors - Bullish Harmonic @360-370 Zone

WaveTalks Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
Last Price@375
It was big crack down in motors for 350-360 lows.

There is a bullish harmonic pattern. This is no analysis. Do your own trading.

Traded Failed Harmonic Pattern - Bullish only above 440
Trade active:
10:50 Hrs 12th Aug2017

Last Price@375

Once we cross 425 - likely we see the magic happening in motors which we have been waiting for long time.

Condition- It should hold above 350 -which is psycholocical level as break of that level could just put Tamo in bigger problem & I lose the battle with direction lost.

Currently holding above 370 will do good for short term upside moves.

Let us wait to see what happens next.
Trade active:
13:56 Hrs 16th Aug2017

Last Price@385

Jumps from 370-374 Zone - Awesome!
Trade active:
14:33 Hrs 16th Aug2017

Last Price@388

Solid for the Day!
Comment:
19:22 Hrs 16th Aug2017

Day High@390

Last Price@389

370-373 was a nice zone for accumulation.
Comment:
10:00 Hrs 15th Sep2017

Last price@402

Took lot of time -almost 1 month (30 days)- Patience.

Running with 25 - 30 points up from 370-375 zone as suggested in the update.
Trade active:
13:50 Hrs 13th Oct2017

Last Price@426

Above 432 - Where TM is heading next.

Trade active:
15:25 Hrs 16th Oct2017

Last Price@438

Tata Motors moving slowly & steadily above 432 as suggested above. 5-7 points gain for Intraday Move. If Nifty Starts correcting below 10200 then in that case we will book profits in TM & take rest.
Trade active:
12:40 Hrs 15th Nov2017

Last Price@414

TataMotors is one of the favourite stock & close to downfall at 409-410 - Once 409-410 holds for 1-2 sessions -moving above 418-420 is the clue that TM shall head next upside for targets beyond 470+

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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