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.

July 4, 2014

TATAMOTOR ANALYSIS

Tatamotors has reached the Initial -  Medium term Resistance level of 472 - yesterday's High as per weekly charts. Next major resistance would be 480-485.

If resisted at 472 - then 460-456 Week HEMA would be tested
If breakout above 472 - then it would lead to 480 -485-490.


July 2, 2014

TATAMOTORS ANALYSIS

Diamond Pattern has given a breakout with huge volumes. This Breakout would sustain Holding 445. Below 445 - it would fall within the diamond again.