This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

January 21, 2014

Tatamotors analysis

For TATAMOTORS ANALYSIS CLICK HERE

 11.00 AM update:



If it is B of the ABC, then the current High would be a stiff channel resistance.

If it is the 5th wave then 378-380 - 50 DMA must hold

 A Diamond Pattern is formed in weekly charts. breakout above 390 - Breakdown below 370.

For details about diamond pattern (CLICK HERE)
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