Tata Motors : Elliot Wave 4 completion & Wave 5 start

Wave 4 is well within 50% Fibs of wave 3 but a gap up open may spoil the plan, but if we get proper open in our zone and valid confirmation, we can enter short positions towards 490's. Tatamotors chart almost looks similar to our Nifty.

Happy Trading !
Bearish PatternselliotwaveretracementshortSupport and Resistancetatamotorswave4wave5

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