Head & Shoulders pattern inside Rising Channel in TATAMOTORS
If Neckline Breaks ,
-Immediate support is near 900 level
-Two possibilities to watch out from thereon:
1) Sharp reversal and Continuation of Uptrend inside rising channel (not respecting the neckline)
2) Deeper correction (around 820) if channel low broken
-Immediate support is near 900 level
-Two possibilities to watch out from thereon:
1) Sharp reversal and Continuation of Uptrend inside rising channel (not respecting the neckline)
2) Deeper correction (around 820) if channel low broken