Fr33zerPop
Long

Long at touchdown around 40.60 near the 14th

NYSE:TTM   TATA MTRS LTD
31 0 0
I'm looking for 3 good reasons:
1. Channel line to bounce up off after retracing from bouncing off top of channel.
2. Still above 50 and 200 moving averages , with 50 above the 200.
3. Resistance at 40.6 likely to become new support.

There's also a good reason to bounce up at 38.91, with channel confluence as well as previous resistance at that level.
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