TATA MOTORS
Time frame
|
Trend indicator
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Lead indicator
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Candlestick
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Conclusion
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Monthly
|
Sell (-10) reducing in intensity
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Buy at 26
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167.5 is last month low. Inside month candlestick
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May be turning up
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Weekly
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Buy reducing in intensity
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Buy at 61
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Red candle continuation pattern
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If prices break the weekly low of 167.5 then they may be heading downwards
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Daily
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Sell (-2)
|
Sell at 34
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Doji suggesting indecision. Low of 170 and high of 180.
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May take a day or so to turn up. For that prices have to act positive. Otherwise get out of the trade.
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