Bearish Engulfing in TATA MOTORS

• Daily chart of tata motors is showing bearish engulfing pattern.
• Now if the stock closes below 20 dma, stock may come down to 1008. Below 1008 stock will see some more correction.
• One should wait for the sell signal to come. We can't enter a trade just because of bearish engulfing, But price confirmation is the most important criteria.