Tuesday 4 June 2013

Technical updates on Tata Motors


Tata Motors



Tata Motors had tested Rs.310 many times and it breached this resistance before few days. But in today's trading session it has closed below Rs.310 which is a bearish sign. There are possibilities of reaching Rs.285 in medium term.

Disclaimer : Charts presented here are not for recommendation or to advice . They are for educational purpose. More details such as stop loss , target are shared with subscribers.

 

Nifty medium term trend 


Trend  DOWN
Initiation Date 23-05-13
Initiated at  5967
Low since change 5910

 

Thought for the day

 

The hardest tumble a man can make is to fall over his own bluff. 


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