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Tatamotors

TATAMOTORS (NSE INDIA) good shortThis analysis is based on Elliott Wave theory. TATMOTORS has completed a 5-wave impulse structure on weekly. The 5th of the 5th wave is ending diagonal clearly visible on 15-minute chart (pls see below). So: short near 468 stop loss 472 target near 444 per 15-minutes chart / between 425 and 375 per weekly chart Position initiated yesterday at 466 spot/468.3 current month future Today's update: stop loss lowered to 462 15-minute chart:
NSE:TATAMOTORSShort
by persistenttrader