CHARTS OF TATAMOTORS

SAIL CHARTS

Sail has given a Good Breakout.

The first chart indicates that Long term resistance of 75 levels has turned to supports currently.

Breakout target of the pattern is nearly 20 points form the breakout level of 77 which is almost 95+ levels.

The pattern would lose its significance if the levels fall below 77-75. 

tatamotors 5 wave intraday move

TATAMOTORS ANALYSIS

After the breakout above 370 - Tatamotors has rallied upto 389. Holding of 379.4 is required for the upmove.

If it is the iv wave it should not go below 379.35 - i.e i.5 .

If 379 is broken then it is likely that the C down has started.

378.5 - 50 DMA 

Breaking of 379 - would place Tatamotors below the neckline of the inv H& S pattern.

Respecting 380 -  the target for inv h&S pattern approximately is 390++

Tatamotors Analysis

The Diamond pattern of tatamotors (Click HERE)  

                     

gave a Huge Breakout and it reached upto 379 - 50 DMA and resisting from thereon.

As per day charts resistances at 375, 380 - So an EOD close above the 50 DMA is required for further Upmoves.

Supports at 370, 368 - So an EOD close below 10 DMA is required for sustained downmove. Currently trading range between 370 - 380.

As per weekly charts there are supports at 370 level. Breakdown of which would be a channel breakdown.
Holding 370 and breaking past 380 - Possibility of new Highs

 Holding 370 - key for both Up and Down Moves

UPDATES (CLICK HERE)

TATAMOTORS WOLFE WAVE

TATAMOTORS ANALYSIS 13 JAN 2014:

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.

Tatamotors Charts

Staying below 371 - 10 DMA - it would be a breakdown of an Inverted C&H pattern - targets as low as 340 levels.

Moving past 371 and an EOD close above it would take it to 380 levels and above - failing the inverted C&H pattern.

BANK NIFTY WOLFE WAVE

A Bearish Wolfe wave has developed in Bank Nifty Day Charts.

Probable Fast fall set up in 5min BNF

Probable Fast Fall setup with Inverse Cup with Handle/Desending triangle Breakdown at 11340.



Invalidation of the Inv Cup handle Pattern is above 11500
Negation Point of Fast Rise is above 11430

The probabale target as per the pattern is around 11200 - 11150 levels

NIFTY WEEK CHART

BULLISH GARTLEY PATTERN IN BANK NIFTY

Update on Bullish Gartley Pattern: 30 Aug 2012: 11.15 AM:

The First target of the leg D of the  Bullish Gartley pattern at 113% retracement is achieved at 9980. If supported then upsides to,

38.20%	10225.94
50.00%	10305.00
61.80%	10384.06

Failing support at these levels would lead to

113.00%	9980.08
127.00%	9898.32
141.40%	9814.22
161.80%	9695.09

Bullish Gartley Pattern:
XA - 9622 - 10782
B - 10056 - 61.8% retr
C - 10640 - approx 78.6% retr of AB
Holding C, Proj for D:
61.8% - 10279 - DONE
78.6% - 10180
88.6% - 10122
113% - 9980 - done
127% - 9898
141.4% - 9814
161.8% - 9695

UPDATE ON GARTLEY PATTERN: 9 aug 2012 - 1.00 pm:

The Bearish Bat Pattern mentioned on Aug 3 is completed to form the C - @ 10649 78.6% retr of AB of the Bullish Gartley pattern.

Bullish Gartley Pattern:
XA - 9637 - 10782
B - 10056 - 61.8% retr
C - 10640 - approx 78.6% retr of AB
Holding C, Proj for D:
38.2% - 10417
50% - 10348
61.8% - 10279
88.6% - 10122


UPDATE ON GARTLEY PATTERN:  3 AUG 2012. 12.00 noon

Gartley Pattern in Day Charts:

More Lows only on close below the TrendLine.

If Supported here it would be forming a small
Bearish Bat Pattern with,
XA -10782 - 10056
B - 10458 - 50% -retr of XA
C - 10209 - 61.8% retr of AB
Proj for D:
61.8% - 10362
88.6%- 10429

BULLISH GARTLEY PATTERN IN BANK NIFTY:
A Bullish Gartley Pattern has developed in Bank Nifty as shown in Hour Charts.

Bullish Gartley Pattern:XA - 9637 - 10782
B - 10056 - 61.8% retr
Projections for C:50% - 10419 - DONE
61.8% - 10504
70.7% - 10569
78.6% - 10626
88.6% - 10699

JUNE 28 BANK NIFTY FUTURES 5MIN

Below todays Low 9935 - the fall would be severe as a symmetrical/Contracting triangle would be broken downwards. Break of 9935 would be a Breakdown of H&S pattern too!!!

A LARGER VIEW OF THE CHART:

The triangle in Harmonic Chart:

BULLISH BAT PATTERN:

XA - 9045 - 10185
B (current) - 9584 - 50%
C(current) - 10185 - 100%
For D with C at 10185
50% - 9884
61.8% - 9813
78.6% - 9712
88.6% -  9652

Bank Nifty Harmonic Pattern May 31

Update June 14:

The Bearish bat pattern is almost complete with the initial target of D at 161.8% - 10198.

BEARISH BAT PATTERN:
XA -10645 - 8995
B - 9783 - approx 44.7% retr of XA
C - 9110 -  85.4% retr of AB
Projection for D:
9870 - 113% retr of BC
127% retr of BC - 9965
141.4% - 10061.62
161.8% - 10198.91

Development of Bearish Bat Pattern in Hour Charts:

BEARISH BAT PATTERN:

XA -10645 - 8995
B - 9783 - approx 44.7% retr of XA
Proj for C:
38.2% - 9482
44.7% - 9430
50% - 9389
61.8% -9296

TATASTEEL CHART OF ARIL 10

BANK NIFTY WEEK CHART APRIL 9

BANK NIFTY CHARTS MAR 23

Bank Nifty day chanrt channel broken

NIFTY DAY CHART exactly at lower channel

BANK NIFTY HOUR CHARTS FAST RISE

SENSEX WEEKLY CHARTS FEB 3 2012

SENSEX WEEKLY CHART FROM INCREDIBLE CHARTS