RESEARCH_FOREXWHIZZ
Long

TataMoters on weekly time Frame work

NSE:TATAMOTORS   TATA MOTORS LTD

Security/Script:  TataMotors .Equity (NSE India)
Pattern Formation: Inverted Head and Shoulder
Time Frame: Analysis on Weekly time frame
Range of estimation: 240
Pattern confirmation: Neckline breakout
Entry Level: Neckline
Strategy:  BUY on dips Near neckline level
Risk: Right shoulder of pattern 160 (-20 Points)
Rewards: 220 (+35 Points)

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