TATA MOTOR SHORT

Hi
i see a big resistance here earlier but didn't confirm until resist price. at this moment market is over extended on daily and a clear divergence on it. but it doesn't mean market go down must form there. coz market on up trend and buyer are happy to buy this stocks. so market is reactive not predictive. so now we have to wait for break this black trend channel. and go to test previous major area for a bullish market change to bearish market. then i mark all the area where market try drop and bounce area. and last drop area. see you next for update
Chart PatternstatatatamotorsTrend AnalysisWave Analysis

Disclaimer