Tatamotors - Treacherous B Wave !!!!!

TATAMOTORS UPDATE 10.45 AM - 31 JAN:

Bullish Possibility :If  349 held another round of upmove to complete the B -



BEARISH POSSIBILITY: B over at 367.9
(i) - 350 - today's current low
(ii) - 350-xxx - retracement of 367.9 - 350
and (iii) down from thereon. Chart given below

30 JAN 2014:
The Marvel of EW Count!!!! Today the way b.B was over and the c.B started - totally unpredictable. Though a support at 349 - and therefore a bounce was expected -  upto 367.8 - was totally unexpected.

ELLIOT WAVE - JAI HO!!!

Day HEMA @ 368
10 DMA @ 368
20 DMA @ 369
50 DMA @ 369 - Cluster of resistance at 369 - Fast fall set up would show its effect if tomorrow EOD close is below 370 - above 50 DMA.