TATAMOTORS ANALYSIS

Intraday Update 12.15 PM:
416 target almost achieved after the breakout above 410.

Bearish Count: V over at 420, a @ 404, b now @ 415.85 and down towards c near 400-396 levels.

Bullish Count : a.v - 420 , b.v - 404 and now towards c.v

TATAMOTORS ANALYSIS:
 A Bullish Wolfe Wave has formed - expecting point 5 near 404.
 Holding 404 - another High upto 416-420 possible.
This would render the Daimond Pattern as a continuation pattern and not a reversal pattern. Diamond Breakout is above 410.
Breakdown below 404 - Diamond Pattern targets are 400-396