TATA MOTORS has sustained below the neckline, next target 150.35TATA MOTORS, creating head and shoulder pattern has sustained below the neckline and the 20 period EMA below the 90 EMA also supports the bearish move. The chances of the share to touch the 150.35 level is very likely. If we get a daily closing below this level, next achievable target is the low at 130.
Tata
TATA Global | Trade NiveshSell Below 232.45 with the stop loss of 235.65
if you want to buy this stock kindly buy above 235.82.
MyAlgo : xMRSI-Progresser: Intraday : 21Sep-TATASTEEL-LongBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a GREEN candle on 21-Sep-2018 for TATASTEEL
Buy Above(5Min candle close): 622.8 for targets -
T1: 627.5
T2: 630.3
T3: 633.2
SL: 617.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)