TATA MOTORS LTD
Short

TATAMOTOR 1H chart Bear count

78
Structure is bearish until it takes out 528, until then will stick to this bearish count. we are seeing wave 4 retracement more than 0.5 which is okay since wave 2 retraced only 0.382, applying alternation rule for this count.

If this plays out, it's going to be choppy for next few trading sessions before it reaches 425. let's how the price action goes on this proposal.

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