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nirav5
Nov 23, 2016 12:33 PM

Bearish Harmonic setup on Tatamotors 

TATA MOTORS LTD.NSE

Description

Tatamotors hourly chart suggests potential Bearish Butterfly Harmonic pattern setup.
We are currently in the D leg.
If the setup is correct we can wait for the reversal sign between 480 - 490.
That will be good trading opportunity for creating the short's position.



Trade closed manually

Tatamotors did not reach to the expected zone and reversed from early level.
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