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.

May 19, 2014

Tatamotor Analysis

Tatamotors has reached a High of 465 and is attempting a pull back.

WEEKLY CHARTS have given a breakout.




In Day Charts - Holding 5 DMA @443-444 -EOD basis is a must for upmove.





SYNOPSIS: SUSTAINING ABOVE 443-440 - more upsides upto 470-473.
Break of 5DMA EOD - then downsides upto 434-432 10 DMA.

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