we posted short call on Tatamotors on 12 Aug 2010...call was ...
short it at or below 1033 .00 for the following levels...
1023>>>><<<1007>>><<<1001 >>><<<985>>><<<974>>><<<958>>><<<937 >>><<<895>>>>
please have a look at chart ...it is clearly giving the sell signal in highly overbought zone Aug and sept futures can be shorted at 1024 level for lower levels ...
please unload your holdings if you are having deliveries ... market is in highly over bought zone ... global cues are negative ...you can accumulate it at lower level ...currently i m not seeing any support upto 937 level ....on charts ...examine yourself please ....
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