Harmonicsignals
TATA MOTORSHello and welcome to this analysis based on Harmonic Trading Patterns
In the daily time frame it has made a Bearish Harmonic ABCD pattern with perfect balance symmetry.
It could retrace down to 440 - 430 as long as it does not trade above 461
As per Option Data also July Series 460CE is seeing fresh shorts being added and 440PE is seeing short covering. While August Series 460CE has already formed a very strong OI resistance with more being added currently.
ICICIBANK- Price Action Analysis NSE:ICICIBANK has already nearest to the PRZ level 1.272 at 805-806.
There would be higher chance of correction at this level.
BUY:
Those who have can book their profit or New buying will come when it takes the pullback up to 755.
SELL:
You can take a short after price will show any rejection.