Tata Motors, which has been already week on the back of Brexit and JLR performances has traded along a bearish Price action recently. Apparently we could observe a Bear Flag pattern which suggests a very deep drop in price. According to the pattern the stock is set to fall to 125 and that is a big 25% fall. Noticeable supports are at 160 and 152. (Disclaimer:...
TATA 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.
Sell Tata Motors on rise with SL of 241 and targets of 205/198. Adjust volumes as per entry price and respect your stop loss.
BIG MOVE EXPECTED TOMORROW 75% DOWNTREND 20%UPTREND 5%SIDEWAY
Guys TATAMOTORS retest the previous low keep watch that zone Retest zone keep watch if break Up another Zone in mentioned keep watch Trade safe or stay tuned for further Update first sell entry zone 253 to 244 if break upward sell entry 262 to 258 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not...
Guys TATAMOTORS support check keep watch and stay tuned for further update if break down entry... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully...
Enter Short in TATAMOTORS below 252 T1 - 247 T2 - 241 SL - 258