Is Bearish SHARK & SUP.from Parallel Channel UP Lift TATAMTRDVR? Long

TATA MOTORS LTD.NSE

Description

⋅ Aug 2, 2017 8:46 PM

TATAMTRDVR: Ready to UP move.

Support from Parallel Channel & Harmonic Bearish SHARK (last Leg in Progress).

Bearish SHARK (N) : Projected "D" = @ 286.30
Bearish SHARK (N) : Projected "D1" = @ 293.2

Go LONG: LCP => @ 260.45 (+0.5% to -0.5%)

TARGET: Plotted on chart.

Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.

LIKE / Comment /Share, If useful & enriched your knowledge.

With warm regards.

DSKF16.

Trade active

⋅ Aug 3, 2017 4:59 AM

LTP @ 257.1

Comments

nirav5

⋅ Aug 3, 2017 1:38 AM

Hi, Do you think potential Bearish Cypher at 0.786 retracement can also come into play?

DSKF16

⋅ Aug 3, 2017 4:33 AM

@nirav5, As per harmonic pattern concept "CYPHER" needs D = 1.272 to 1.414 of "XA". here it missed. But some analyst have some thoughts like you.