January 5, 2012

Triangle breakout TATA MOTORS

  • Tata motors has given a breakout from the triangle pattern which was SHOWN IN THIS POST.
  • Price has also give a breakout above 200 SMA.
  • Price has given good up move from the breakout level, Now it is testing the resistance line of a bigger pattern. For continuing the up move this resistance line too has to be broken and closed above.

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