persistenttrader
Short

TATAMOTORS developing a shorting opportunity

NSE:TATAMOTORS   TATA MOTORS LTD. INR 2
Pls refer to the charts (weekly in my first idea and 15-minutes one in this idea).

Strategy is: wait for completion of 4 of c of B. Add 9.45 points (i.e. length of 3 of c of B) to its end. This will be stop for shorting for wave-C (weekly one) riding. As price reaches near to the calculated stop, enter the position!

Target will be to the tune of 425 (minimum).

Thanks for reading.

Pls comment...
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