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...
Rounded top: Broke the neckline Sell: 290, Target: 260, SL: 300
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Rounded Top formation: Sell: 1964 Target:1770; SL: 2000
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Rounded Top: Assuming Sep 24, close at 2260; Target: 1575; SL: 2600
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Rounded Top Formation. Yesterday broke the neckline, and expected to touch to 24700 levels.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
