Kinnari_Prajapati

Analysis on TATAMOTORS:

NSE:TATAMOTORS   TATA MOTORS LTD
The stock is following Long move downwards.
Head and shoulder pattern is formed between 8 Feb 2019 to 14 jun 2019, 82 bars.
After the pattern formed there was 61 point reversal that is from 167 price slop down to 106.

TATAMOTORS followed with rounded top and there was a continues fall that is stock has reversed from 202 to 63 equal to 139 point reversal.

Now TATAMOTORS is forming a disjoint channel 23 mar 2020 till now
There is increase in volume fluctuation.
Support near 93.50
Below 87.32 bearish

Comments

How did you know all this?
+52 Reply
Riya_roze ronakanchalia20
@ronakanchalia20, she always read books i guess
+9 Reply
ashishnagane Riya_roze
@Riya_roze, SHE ALWAYS READ CHART
+1 Reply
@Riya_roze, Suggest me one unique book about trading which does not include common indicators and patterns
+1 Reply
Riya_roze ronakanchalia20
@ronakanchalia20, john j Murphy
Reply
@Riya_roze, He has wrote like bazillion books. Which one are you talking about?
Reply
what is the upward price target & sloss if one goes long at cmp
+16 Reply
imthiyaz89 sanjayshanbhag27
@sanjayshanbhag27, Go long above 120
+2 Reply
But atleast Buy or Sell ? Tell that :) . I understand you know all these chart pattern but what is your call ???
+16 Reply
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