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 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.
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.
