Tata motors trading in channel... I personally will look into buy it when the patterns show something..
Just hold on for further confirmation from the market
For me nothing is exciting in cupid yet... in range..
In respect with the current economic scenario, I have just put up with my idea.
IT is getting some love for now.. looking forward for some extreme moves and bulls side for now..
We are at the top, before any break out or break down, I expect a little bumpy road ahead for a couple of weeks and a little bit of downtrend in general
Based on my analysis on sectors, I expect a short correction before a move upside.. Confirmation derived from wave theory and R&S levels
Based on my perception of metal sector performance, what i see for the next couple of months, i have drawn the map, lets see how it pans out
I am thinking in terms of long holding upto march 20... Disclaimer: may/ may not hit the price band....
EDELWEISS a wonderful clear minded stock... May see a small downside before turning the wheels... I hope the picture speaks of the levels.. *Disclaimer.. may or may not happen ... pls dont put me in hot seat me if it does not pan out
Pls folks.. dont ask me for an explanation... this may again pan out or may not pan out... Its just my thought on my trail and error analysis... We just have to wait and watch
From current CMP , i see a small upside and it wont cut the dark dotted line, After which i see a downside... Time is the better judge always... If any of u disagree with me pls buzz me i would love to hear on the other side of the coin... Feedbacks are welcome..
I think the price movement will pan out like this and lets wait and watch
As the picture speaks, i think we would be able to see a clear 63 points upside with a lot of "Action". The green line indicates Resistance range, reaching it we might see where we are heading