NSE:TATAMOTORS
we can see that Tata Motors is trading in a channel which can be seen in the Pitchfork
breakout on either side with volumes can bring a good move in that side.
We must observe the Price action too at that point.
as seen in the picture Tata motors is aslo at a strong support of 300.
This is only for educational Porpose
It might be forming a THREE VALLEYS & A RIVER in hourly time frame. It has two bearish Harmonic Trading Patterns at 11875 (Deep Crab) and at 11975 (Alt Shark). "If" a REVERSAL were to occur from that zone then the downside expected levels could be 11750 / 11550 / 11400. The negation point would be at 12020