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WaveTalks
Aug 11, 2017 5:11 AM

TataMotors - Bullish Harmonic @360-370 Zone 

TATA MOTORS LTD.NSE

Description

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+
Comments
RajKA
so it is going down now, am I right Abhishek? and target could be 410-409?
WaveTalks
@RajKA, Target is already done downside 409-410 - Now it is trying to push upside. I said, if 409-410 holds on downside & it crosses 418-420 then it is strong clue that TM may head next upside for targets above 470+
Dragonchaya
I have same view , above 430 , it can reach 475 -480 level.
cpr.2110
Hi Abhishek,

Your views on TAMO now?
WaveTalks
@cpr.2110, I am strongly bullish on this counter. This is also medium to long term call & will take time for upside move. Till the time 350 is intact downside we will look for upside & we are talking 550 -600 levels here as well.
vijay73
Abhishek Bro Tata motors this is My view 1 yr high @ 598.40 there from 1.618 % Fibonacci 458.70 then cycle 2 Downside 1.618% Fibonacci 388.84 now cycle 3 started may reach 318.99 expected short term ... if any correction my view pls correct me brother
WaveTalks
@vijay73, Hello Sir, hope you are doing good. It had been long time we had our last discussion. Let us discuss in PM on weekends.
vijay73
@AbhishekHSinghCMT, sure brother
WaveTalks
@vijay73, Have a nice trading session. Keep distance from emotions in your life, trading, etc & become healthy, wealthy & wise.
vijay73
@AbhishekHSinghCMT, yes u right but i am also all human being some time i am also emotion with a trading and i am also do a mistake..then i have correct it... this what life cycle goes on brother...but Thanks for you valuable advise brother.
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