September 13, 2010

TATA MOTORS in a range

  • Tata Motors has been trading in a range of 980 - 1060.
  • I have marked 1058 and 1060 which looks like double top to me in daily chart. But it will be confirmed only after it breaks 980. So when the stock comes to the bottom of the range at 980 look for a trading opportunity.
  • Break of 980 chance to go short. If it gets support go long for 1060.

No comments:

Post a Comment