September 13, 2012

TATA MOTORS Inverted Head and shoulders


 
  • Tata Motors daily chart has given a breakout from an Inverted Head and shoulders pattern.
  • Weekly cloud continue to act as support for the bulls.
  • Week MACD has given a buy signal. If price sustains above 20 Week SMA this should extend towards the upper bollinger band or 280 plus levels. Week has to close above 20 Week SMA for bullishness to sustain.
  • PREVIOUS POST ON TATA MOTORS
-->
By at

1 comment:

Subscribe to: Post Comments (Atom)