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.


Blogger said...

Thanks for you view, what is the time frame?

Rish said...

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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