Tuesday, September 7, 2010

Tata Motors ...Go Short On it

In 20 days ...stock kissed same heights once again ...after that  a sharp fall was noticed in complete session...confirmed shooting star trend reversal candle ...RSI pointing to southward direction drop in volume ..falling of money flow are indicating that it is ready to fall any time...advised to exit your long positions and initiate short at each high without stop loss order.. its down side is predicted below 900 level....Tata motor was fires up  in first 15 minutes trades...and when  all traders reached on there seats ...it started towards its destination ....see black one is intra day chart 
  

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