Tata Motors anticipated happened and Elliott Wave Analysis
Tata Motors hourly chart anticipated on 10th Jan 2021 Tata Motors hourly chart happened on 11th Jan 2021 In my previous update dated 10th Jan 2021, I had mentioned for the auto stock, " Tata Motors is all set to climb near till 215-220 levels with support placed at 187 (closing basis)." Prices were up by over 11% on a single day to reach my mentioned level of 215-220, as it marked a high of 225 and closed at 220 levels- Anticipated Happened. Here is the link of Tata Motors anticipated article, click on it https://www.marketanalysiswithmeghmody.com/2021/01/tata-motors-elliott-wave-analysis.html From wave perspective, I had said that wave i is equal to wave iii and so there is a high possibility for wave v to be equal or extended. As of now it is equal to its previous impulse, I will be monitoring the characteristic of the last impulse wave to come with a conclusion and timely will update. Wave theory and application is way too different from each other, all you can do is lear