Tatamotor in corrective wave - Short?

2021년 12월 14일

Currently, Looking at structure of "Weekly continuation Chart" with all-time high 606. I'm want to call your attention little bit about picture "Corrective Phase A,B, and C" which is already completed. We have had a long run here right from the "low 63.5" back in 2020. It appears to be "motive phase(1,2,3,4 and 5 waves)" or "ABC corrective phase".

Wave ((A))=Wave ((C)) at 567 - recent high 537
OR
Let's look at lower 2D-TF for another scenario as "motive-phase".


it looks like we're making side-wave structure here and I'm trying to analyze correction to see if we had potential further downside or maybe the correction was over. I've showed in chart zigzag W,X and Y which i interpreted as wave X at 443, B at 506 and followed by zigzag downward for wave Y that I'm considering going "Short Tatamotors".
Before taking action short side, we have to consider couple other things there is chance to move upward. if the price move 500 +, this WYZ zigzag is invalid.

2021년 12월 14일

액티브 트레이드

Sell between 492.5-494 Future continuous contract of TATAMOTORS with your stop 497.5 for targets 481 for short term and 472-461

2021년 12월 15일

노트

SL hit

2021년 12월 15일

노트

2021년 12월 17일

노트

Tata motors is followed my cash level

2021년 12월 17일

노트

First target of TATAMOTORS in cash price has been achieved as 472 from 497