WAVE 1 - 24 POINTS
WAVE 3 - 18 POINTS
If wave 3 is 18 points ; then wave 5 of ending diagonal has to be shorter than 18 points
Previous low of TATA MOTORS is 164.
if we deduct 18 points from the current price of 178 , then it comes to 160
Hence i conclude that anything below 164 is a must buy in Tata motors .
Even otherwise intrinsic value of tata motors is ...
Hi All ,
Just 1-2 day duration quick trade in tata motor - just like 2 min maggi noodle.
No naked put/call buy/sell , No over leverage (Superman stuff)
Buy 190 call , 1 lot @ 9.9
Sell 200 call , 1lot @ 6.1
Stop loss in trade is EOD close below 170 , Expecting 5-10 point bounce , i.e profit of 3-4 rs , Don't expect millions