Wednesday, 16 August 2017

TATAMOTORS WEEKLY CLOSING ELLIOT WAVE CHART

In continuation to earlier blog

Tata-Motors-heading towards 691

Weekly closing values of TATA MOTORS share on NSE are plotted.

Waves are numbered as per ELLIOT WAVE THEORY.




Because of space constraint, minutte wave 1 to 5 of wave 3(iii) are not numbered, but it can be easily seen in the chart.


This chart confirms, wave 5(ii) will end soon, if not ended at 375. Next will be impsive upmove 5(iii) price target of 691 on  Daily High/Low chart, as naratted in earlier blog which can be
which can be read by clicking...



ALL THE BEST.




Disclaimer :-
1.
Writer is independent trader in stock markets and may have positions in TATAMOTORS EQUITY and Derivative instruments including NIFTY & OTHER STOCKS

2
Blog is to share trader's perception & views.

3
Charts are drawn on google data using google sheet and all efforts are done to maintain calculation accuracy. 
4


Before taking action consultation with qualified financial consultant is neccessary.

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