TATA MOTORS LTD

Tatamotors need to sustain above 1089 for further upside.

778
Nice Impulse move and followed by flat correction.
Five waves of the 'c' wave of flat correction terminating
just near 1073.
Next we have to see if another impulse wave starts
or there is another complex correction.
for impulse wave tatamotors need to sustain above 1089
the 4 th wave position of C wave.
Of course time will tell.
For me it is looking bullish now
As major 1 st wave red coloured only has retraced 38.6 percent in 2nd wave
we have to be watchful.
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Note
snapshot
Note
it banged today
Note
snapshot
Note
presntly retraced tto 4 th wave position.Previous bounce could not sustain.

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