STAY LONG ON TATA MOTORS.
EVERYTHINGS WRITTEN ON CHART. WAVE 1 AFTER CORRECTIVE WAVE C IS EXPECTED TO BE OF 100 % OF LENGTH OF WAVE C.
BOB is in corrective wave of ABC of Wave 4. After that Wave 5 of of major uptrend will begin.
RBL BANK CHART ANALYSIS 1) MAJOR DOWN TRENDLINE ACTED AS RESISTANCE AT RECENT HIGH OF 274. 2) STOCK IS TRADING IN HIGH CONFLUX AREA OF TRIANGLE PATTERN. 3) IT IS ALSO INTO A-B-C CORRECTION, RUNNING WAVE A WHICH MAY END AT 218. THEN WAVE B AT 50% RETRACEMENT GIVES TARGET OF 245. AND THEN WAVE C WILL TAKE PRICE TO 189 BREAKING SUPPORT TRENDLINE. 4) AVOID LONG...
Everything is explained on the chart. Please consult your financial advisor before investing. Ideas shared here are only for educational purpose.