Tuesday, January 3, 2012

Tata Motors: Breakout in Symmetrical Triangle

 I was looking for this for more than 15days month. Know we have seen a positive breakout in the Symmetrical Triangle. As this is my 1st time working on symmetrical triangle I don’t want to take any risk. I have gone with a stop loss of 184 and hooked Tata Motors

I have started working on targets.

“I hope my measuring technique is correct. I feel it’s better to use fib lines to identify the resistance of Tata Motors”