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.

March 11, 2014

Tatamotors analysis

With the Low pf 393 - the down C is almost done. (click here) Holding 393 - another round of High is Possible.
Break down of 393 - would lead to more downsides -
Breakout above 404-405 would be a Falling wedge breakout. 405-406 - corresponding to 10 DMA.
EOD close above 10 DMA would be bullish and if withheld - then a swift upmove towards 420-425-430.

393 - CRUCIAL LEVEL



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1 comment:

satheesh said...

Hi all,

I will not be available for the next two days. if time permits I shall update on Friday.

March 11, 2014 at 11:07 AM

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