Tuesday, January 17, 2012

Tata Motors Technical Chart | 17-Jan-2012

 Below is the technical chart of Tata Motors, listed on Indian stock exchange, using Ichimoku Kinko Hyo indicator.

Tata Motors Technical Chart
Tata Motors Technical Chart



Ever since, Tata Motors closed above kumo @186.30, it is moving upward. Even now, there is sign of weakness here. In its weekly chart, it is trading inside kumo. So, it will face resistance @222.80 to 225. Major support is at 199. Take your positions accordingly.

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