Tata Motors: A-B-C pattern (Elliott Wave Forecast)

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Tata Motors Daily chart



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In Tata Motors prices have shown sings of reversal and have started climbing. In the preceding trend we can see five Waves down and before then Wave A and Wave B. The five Waves down is where wave third of wave three is extended and it completed wave C lower. This indicates that Wave A-B-C is over and now fresh leg up is on its way.

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