I am no expert in Elliot Waves or in Harmonic patterns, but follow simple basic TA.
As seen in the chart below, Tata Motors had a good support near 359-360 since the last 3-4 months, and that support was broken recently.
Although the 200 dma gave support near 332, as long as 360 is not crossed, the lower levels can be revisited.
A short opportunity has a very low risk near 357--360 cash levels.
As seen in the chart below, Tata Motors had a good support near 359-360 since the last 3-4 months, and that support was broken recently.
Although the 200 dma gave support near 332, as long as 360 is not crossed, the lower levels can be revisited.
A short opportunity has a very low risk near 357--360 cash levels.
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