Thursday, August 6, 2015

TECHNICAL ANALYSIS OF TATAMOTORS & DAILY CHART

YESTERDAY’S  MOTHRSUMI FUTURE  IS ON FIREEEE !!!!!!!!! 
HIT FINAL TGT OF 372 MADE LOW OF 366.10
FUTURE :
“BULLISH TATAMOTORS ABOVE  381 TGT 387 /395”
“BEARISH TATAMOTORS BELOW 376  TGT 370/364”
DAILY RESISTANCE: 388, 393, 405, 417
DAILY PIVOT POINT: 381
DAILY SUPPORT: 376, 369, 357, 345
DAILY CHATS





















UPCOMING EVENT: TATAMOTORS
Tatamotors Results is held on 7 august 2015.  it is likely to continue the downside move in near term with the crossing of the support level of 376 as the stock is managing to sustain below the level of 370. One may get the targets of 370,364. it is likely to show correction with the breach of the resistance level of 381, where one may initiate the long  position in it for the targets of 387/395.
Simple Moving Averages
Days
BSE
NSE
30
403.02
402.70
50
420.00
419.78
150
500.07
500.09
200
501.94
501.99



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