Sunday, February 26, 2012

Book Profits in Tata Motors | Technical Chart | 27-Feb-2012

Below is the technical chart of Tata Motors, using ichimoku Kinko Hyo, GMMA and Parabolic SAR indicator.










Tata Motors has broken a major support level of 267.53. So, it's time to book profits in this stock and sit on cash. The next support level is at 253.10. But take fresh long position only when it CLOSES above 268.50.

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