June 27, 2011

TATA MOTORS Analysis

  • Tata motors May form a bottom formation at the current levels.
  • If the Golden ratio and Hammer holds we may see the stock moving up soon.
  • One can wait for Price to close above 20 day moving average to buy the stock.
  • NIFTY WEEKEND UPDATE
By at

2 comments:

  1. chetanJune 27, 2011 at 9:18 AM

    good morning San sir,
    as per yr guidence & obsevation,i went long in SBI above 20DMA.pl. update for the same,if you can.have nice day.

    ReplyDelete
  2. SanJune 27, 2011 at 10:42 AM

    @chetan2353 is a resistance level for SBI. But if it is this month's contract then start booking partial profits from 2300 and put a tight trailing stop loss to extend gains..

    ReplyDelete

Subscribe to: Post Comments (Atom)