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nalinakshi

pin bar

TATA MOTORS LTD. (NSE:TATAMOTORS)  
nalinakshi Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
Trend Analysis Chart Patterns
3
0
trendanalysis chartpattern
price facing resistance. price may correct to 352
Comment:
pin bar formed at the 50 day exponential moving average, it signifies resistance.
price may pull back a little to gain strength, by accumulating and cross the hurdle.
Comment:
today it made low of 358 but couldn't go beyond resistance, price may consolidate in the range of 355 to 353 before crossing the hurdle, if you have patience to hold it will go upto 397
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