Bravetotrade

TAMO: THE PERFECT BULLISH BAT

Long
NSE:TATAMOTORS   TATA MOTORS LTD
As this is a weekly chart, trade may take some time. Consider it a swing trade.
Imp: Look for a bullish candle near 303 on daily chart and go long just above the high of that candle. Wait until bullish signal.

Regards.
Comment: TAMO swiftly breached the PRZ. No reversal signal on daily so no trade.
Comment: There is a moderate bullish pattern on the daily, right into the prz. Although it's not the best signal in the world yet we can expect move upto 320-325 in a day or two.

Manage stops in case it goes wrong as overall market sentiment is not so bullish at this point.
Enjoy.

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