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)

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