Tata Motors Swing ( Short )
Tata motors might be in correction mode, if nifty falls then it might be go for gap filling of around 6%. Here is my analysis
-->Descending triangle pattern formation
-->If Fib level 0.236 breached (484 level), then will test 0.38 & 0.5 as GAP is pending.
-->Quarterly result & Auto sales number already declared, so potential of upside is less.
(Education purpose only, Consult your advisor before taking trade )
-->Descending triangle pattern formation
-->If Fib level 0.236 breached (484 level), then will test 0.38 & 0.5 as GAP is pending.
-->Quarterly result & Auto sales number already declared, so potential of upside is less.
(Education purpose only, Consult your advisor before taking trade )
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