Tatamotors made a High of 337 and has had a pull back up to 404 - 50 DMA.
It is trading between 50 DMA and 10 DMAduring the past week.
Trading above 414-415 - 5 DMA and an EOD close above 5DMA would give a runup towards 10 DMA again.
Failing to close below 5DMA - would drag tatamotors near 404-405 50 DMA again.
A Bearish Wolfe Wave has formed in Day Charts which would be invalidated on an EOD close above 10 DMA 420-422.
WEEK CHARTS:
1 comment:
HI Sateesh Sir,
i am keep checking ur updates....but after march 9th then update on 5th . on 5th i bought and make profit on tatamotors .please post chart regularly.
Sir please guide me may16 trading tips if possible please call me at 9019333544 or else give ur mobile number .
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