Tuesday, September 1, 2009

Update: Bearish ABCD and Wolfe Wave pattern in Tata Motors - 1st Sept 09

TataMotors Intraday Chart - 5 mins:
Bearish ABCD pattern and Wolfe wave, TataMotors is showing strength and in intraday basis it formed a channel. If it gives break out above the channel then conservative traders can exit the short trade. High risk traders can hold it with Rs.510 as Stop loss.

2 comments:

Ilango on September 1, 2009 at 11:14 AM said...

Hi..Doji,

your analysis of the market is quite objective and consistent. Your stocks analysis is always on the mark and profitable.

Wishing you to continue your excellent work and keep this objectivity all the time.

Best regards.

ilango

Doji (Blog Author) on September 1, 2009 at 11:30 AM said...

Thank you Ilango ji

-Doji

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