IIT-Trader

TATAMOTORS-At all time high, Continue or Reversal ??

NSE:TATAMOTORS   TATA MOTORS LTD.
Observations:
-------->>After a strong bullish gap up price moved to upside strongly, to reach the All time high, if price is sustained at this levels or falls below to the lowers.
--------->> Now price is at Resistance ,Strong fall is observed from this levels ,previous resistance.
----------->>previous resistance broken strongly. If previous resistance acts as a support we will expect a price to move upwards again from 490.
---------->> Keep an eye on these levels.

Watch these levels. carefully

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