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Showing posts with label Tata motors. Show all posts
Showing posts with label Tata motors. Show all posts

Tuesday, August 21, 2012

Eye on Tata Moters



After Tata Motors tumbling down we saw it taking a reversal and know currently ruling between 203-247.  It is a one of the important day for Tata Motors, today. If Tata Motors is able to cross 247 we may see the stock heading towards 274. 

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” 

Thursday, December 22, 2011

Tata Motors: Waiting for breakout




90% I am bullish, 10% I am not.

We have seen a bullish crossover in MACD, where we have seen 2 main possibilities for buying. I can blindly buy, but I am waiting for “c”. If we see a positive breakout then it is a potential buy. I have not willing to take a risk as it is my 1st time playing with “Symmetric Triangle”

We have seen a potential crossover
MACD: we have seen a positive crossover
MACD: zero line/centre line crossovers

Monday, December 19, 2011

Tata Motors: looking good

A symmetrical triangle.

I hope I have got it right this time.

Yes, I have clarified. It's a Symmetrical Triangle.