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trendanalysis Less Tags Show All Tags
TATA MOTORS has sustained below the neckline, next target 150.35
TATAMOTORS
, 1DShort
TATAMOTORS: TATA MOTORS has sustained below the neckline, next target 150.35

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.

CADCHF likely to touch the 0.7400 support
CADCHF
, 1DShort
CADCHF: CADCHF likely to touch the 0.7400 support

The pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the...

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