TATA MOTORS - REVERSE GEAR ! - DOWNTREND - ELLIOTT WAVE ANALYSIS

TATAMOTORS (1h Tf) - It shows wave E of the barrier traingle has formed an ending diagonal at wave (c). This is signalling for a big fall in coming days. Unless it hits the stoploss at 419 as shown. Targets are given as per the barrier triangle's thrust measurement (minimum target potential), and max target could go upto the major support.
Definitely not SEBI - Registered. So, this is only for educational purpose.