July 3, 2012

Bear Flag of Tata Motors



  • Tata motors daily chart shows a bear flag pattern.
  • Price sustaining below the daily cloud will favor the bears. for extending the gains bears need to close the hour and day below 232.
  • For bulls a counter trend trade is possible on closing above 239 for small profits because of the weakness of the stock.


By at

3 comments:

  1. nifty.senseJuly 3, 2012 at 4:57 PM

    SAN SIR... AS USUAL NICE CHART .....UR WORK HELPS A LOT

    ReplyDelete
  2. nifty.senseJuly 3, 2012 at 4:58 PM

    FOR SBI UPDATES @http://niftysense.blogspot.in/

    ReplyDelete
  3. SanJuly 3, 2012 at 6:41 PM

    @nifty.sense
    Thanks for the comment.

    Your SBI Chart looks good. Nice work.

    ReplyDelete

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