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WaveTalks
Jul 14, 2017 7:39 AM

TataMotors – E(Elliott)-Pace – Can Motors Fly for 600+ 

NSE:TATAMOTORS1M
TATA MOTORS LTD.NSE

Description

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WE WON’T MAKE IT.’ ‘No, wait, should we?’ ‘No, we won’t.’ ‘Well, let’s make it!’ This probably was the conversation that took place before Jaguar came to the conclusion that an SUV is a must in their portfolio. Hence the Jaguar F-Pace
The immaculate designing skills of Ian Callum & his team won’t stop with F-pace as it gets ready to launch E-Pace.
E-pace packed with Ingenium engines simply call it future of Jaguar engines was the boost in 2014 so that they reduce their dependency on Ford engines.
All F comes together with F- Pace having superb Fit, Finish & Features, luxurious cabin, excellent build quality but with slightly high price.
After F’s are you excited for E’s- Hold your nerves as 14th July2017 will unveil the beauty.

Can TataMotors fly at E- Pace or Elliott Pace

From 2009 lows of 25, it travelled impulsively to 274 by Dec2010 & retraced 50% to 136 by Sep2011. A dream run started for TataMotors in 2011 @136 to 606 which was close to 200% up move of its respective wave (1) from 25 to 274. In 2015-2017, It has finished or most likely will finish its corrective Wave(4) close to 390-425 zone on larger degree. Once Wave (4) done in the desired zone- TataMotors to fly in the 5th Wave- making new highs above 606 in coming months or years ahead.

The push from 425-430 zone looks impulsive & it flew from 425 to 463 with the Bat Target Update as mentioned below.


Alternate Bat in 429-433 Zone


Looking for a pullback to 448-452 (Just Kissed 452.75@14th July2017)


Turning points 485 & 470 for 435


Trade active

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20:40 Hrs 16th July2017

Last Price@451.50

Keep a watch for Tamo in 448-452 if this zone holds - we shall head next for 464 + Target. One can keep trailing once it starts moving above 455-457 Zone.

Trade active

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09:30 Hrs 17th July2017

Last Price@458

Tamo started its move opens gap up & holds the gap zone 450-452 - Motors are hot

Trade active

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09:33 Hrs 17th July2017

Last Price@457

Intraday Traders can book partial profits & re-enter again in 452-454 Zone or above 459.

Trade active

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10:04 Hrs 17th July2017

Last Price@456

Came down to 453.75 levels - Wow! -It kissed 452- 454 as suggested at 09:33 Hrs to re-enter again between 452-454.

Trade active

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14:12 Hrs 17th July2017

Last Price@455-456

Suggested above we are looking for higher prices next above 464+

Trade active

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10:11 Hrs 18th July2017

Last Price@458

Hos strong 448-452 zone is. Tamo bounces from 452-453 to 458 for the present day.

Trade active

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11:15 Hrs 19th July2017

Last Price@462.25

Heading to close to 464 as suggested above & likely can extend as well on upside.

Jumps again for the day- How strong 450-452 zone was which was holded by Tamo & visualised a week back on 14th July2017.

Trade closed manually

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10:45 Hrs

Last Price@458

No more I am going to monitor this one. Thanks
Elliott WaveBatWedgeEnding Diagonal
Comments
AMBRISH
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'No more I am going to monitor this one. Thanks'

Rally driver is out of the race , stay away from Tamo.
WaveTalks
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@AMBRISH, aha - Tamo falls from 465-468 -looks like a trap at higher levels. Trading at 456
AMBRISH
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@AbhishekHSinghCMT, Tamo must survive 450 for further uptrend.
rkher2050
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@AbhishekHSinghCMT, I think fall till 449-443 are good levels to accumulate..
WaveTalks
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@rkher2050, I will not update as guys were not interested at that moment & I have closed this update as mentioned above. You need to wait for new one.
rkher2050
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@AbhishekHSinghCMT, ok np
ChintaX
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sir i want to take a large positional bet here. i am already long from 437. can i add here?
WaveTalks
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@ChintaX, This zone of 448-452 is very important if holds then we will see 470-475 above 464 levels.
WaveTalks
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@ChintaX, Hope you have added more in Tamo.
ChintaX
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@AbhishekHSinghCMT, got a good entry in the morning with open-low same I bought at 455.
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