Can we see possible trend reversal in Tata motors
Tata motors has been in correction for a while now.
Daily chart looks like zigzag ABC correction wherein C is 1.6. Times of A .
1hrly chart can decisively make out 5 implusive waves on downside with MULTIPLE BULLISH DIV.
Additionally, lot of neural candles have come post the bearish breakdown candle.
Once good bullish candle taking the high of bearish candle can change the overall view to bullish biasness till next major. resistance.
Daily chart looks like zigzag ABC correction wherein C is 1.6. Times of A .
1hrly chart can decisively make out 5 implusive waves on downside with MULTIPLE BULLISH DIV.
Additionally, lot of neural candles have come post the bearish breakdown candle.
Once good bullish candle taking the high of bearish candle can change the overall view to bullish biasness till next major. resistance.
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