Wednesday, May 17, 2017

>Tatamotors elliottwave

Hi friends,
                     Looking at tatamotors charts,Lets count from high of 600,We can see a abc correction till 430 .Then again a abc up tull 550+ making a lower top and then fell to below 420 making lower low in anc correction .

Now expecting a move towards 480,500 in abc correction up to hit trendline resistance.
Need to look at the structure of this anticipated rally ,To further acertain the move.

2 comments:

  1. Thanks for you view, what is the time frame?

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  2. dont have any backtested method to find time frame for target ,Here hold on as long as low of c holds.

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