IIT-Trader

TATAMOTORS--Ready to fall ??

Short
IIT-Trader Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
Observations:
-------->>After a strong bullish gap up price moved to upside strongly.
--------->> Now price is at Resistance and sellers are aggressively taken the charge to move the price back to 440 zone, where previous resistance
broken strongly. If previous resistance acts as a support we will expect a price to move upwards again from 440.
--------->> Consolidation+ Rise is observed.
---------->> Keep an eye on these levels.
Comment:
if it is a fake breakout look for sell

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