Diamond Pattern Breakdown below - 366
Breakout above - 369.
If breakout occurs the next resistance as Per chart is around 375.
If Breakdown occurs at 366 -then the next support as per day charts id 360 - Inverse cup with handle neck line at 360.
Tatamotors Diamond pattern update 2.30 PM:
Diamond pattern breakdown below 365
TATAMOTORS UPDATE 10 JAN 12.00NOON:
Diamond pattern breakdown below 365 - breakout above 370
12.00 Noon Update:
A Bearish WOlfe Wave has formed in Tatamotors.
With an EOD close above 372 - above 10DMA - Tatamotors would again break above the trendline and it is likely that the wolfe wave gets invalidated - and the WOlfe wave pattern would be converted to a channel.
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