February 7, 2014
TATAMOTORS ANALYSIS
Tatamotors has closed above 10 DMA and if 360-362 resistance is surpassed it would target 50 DMA - near 370 levels.
February 6, 2014
Tatamotors Analysis
INTRADAY UPDATE 10.40 AM:
Morning reached 360 and has fallen. If it is
the 4th wave completed then again a pullback - break of the channel below 348
would lead to more lows - as Start of C
February 5, 2014
Tatamotors and Nifty analysis
Tatamotors found support at 200 DMA and bounced back upto 345.
Hour Channel and Day Wedge Breakout above 346.
Hour Channel and Day Wedge Breakout above 346.
February 4, 2014
Tatamotors analysis
By breaking 337 - the possibility of 5th wave has gone. Below 336 - next major support as per monthly/weekly charts are 330-325.
February 3, 2014
TATAMOTORS ANALYSIS
Tatamotors has closed on a weak note on Friday but it is almost at the support zone too.
Break of 349 - indicates weakness and likely to drag it towards 340. 340-338 major support levels as per weekly charts. Till 338 holds the possibility of 5th wave exists as per weekly/day charts.
Break of 349 - indicates weakness and likely to drag it towards 340. 340-338 major support levels as per weekly charts. Till 338 holds the possibility of 5th wave exists as per weekly/day charts.