The wait is finally overTata Motors CMP 977
Elliott- thats a zig zag corrective pattern. In my view this is complete.
RSI Vs Composite- See how the composite detects the change but RSI cannot. This is where composite is a useful tool.
MA- they are a laggard and this is yet an example of it. When the stock is right at the bottom a sell signal has been generated.
Conclusion - If u thought u missed this counter. Here is an opportunity to buy it.