Buy Tatamotors only above 1180 .00

Sreekumar (1/11/2011 7:50:26 AM): good morning sir
kailash Chaturvedi (1/11/2011 7:50:47 AM): please study tata motor
kailash Chaturvedi (1/11/2011 7:51:03 AM): and share ur views
Sreekumar (1/11/2011 7:51:09 AM): ok.sir
kailash Chaturvedi (1/11/2011 7:51:41 AM): both on google and c nexus in all time frames
Sreekumar (1/11/2011 8:12:50 AM): for tatamotors.. all the indicators are showing bullish signals
Sreekumar (1/11/2011 8:12:53 AM): is it right sir
kailash Chaturvedi (1/11/2011 8:13:16 AM): please give me reasoning
Sreekumar (1/11/2011 8:13:19 AM): rsi is at 18 which is low
kailash Chaturvedi (1/11/2011 8:13:31 AM): not low oversold
Sreekumar (1/11/2011 8:13:58 AM): macd..and willam showing over sold
kailash Chaturvedi (1/11/2011 8:14:12 AM): ok
kailash Chaturvedi (1/11/2011 8:14:44 AM): have u applied 100 dma
Sreekumar (1/11/2011 8:14:52 AM): no
kailash Chaturvedi (1/11/2011 8:14:59 AM): please apply it
Sreekumar (1/11/2011 8:25:48 AM): dma 10 50 100???should i apply these indicators ... now it is closed at 100 DMA
kailash Chaturvedi (1/11/2011 8:26:56 AM): means it is above a good support and bouncing above it will be good and a nice trade
Sreekumar (1/11/2011 8:27:27 AM): yes.. i should trade options rite
Sreekumar (1/11/2011 8:28:55 AM): my limit is 34k
kailash Chaturvedi (1/11/2011 8:29:19 AM): http://www.nseindia.com/marketinfo/fo/fomwatchsymbol.jsp?key=TATAMOTORS
kailash Chaturvedi (1/11/2011 8:29:51 AM): select ur option or future
one more clue  tata motor is falling  with oi decrease  which is it self a bullish / reversal sign

Fri-07/01/2011	1250.55	1263.7	1183.5	1193.45	37,141	9,410,500	-123,250	298362.5	1190.2
Mon-10/01/2011	1195.0	1204.0	1158.1	1174.8	35,680	9,237,000	-173,500	293700.0	1176.7

Buy Tatamotors   only above 1180 .00    
Stoploss  1169 
Targets 1187    1199    1212    1224    1245 >>>>>
stay in trade above 1180  .....Follow strict stop loss ...enter only in bullish market trend  if market is bearish discard the trade