Buy the bad news
Tata Motors CMP 701
Elliott- the C which is the most devastating has five waves. I have divided the same into 5 waves.
Fibs- the stock is also down to fib confluence. Hence it is at a good support.
Conclusion - stocks top and bottom on the day of some significant news in the counter. With todays bad quarterly results, in my view the bottom is made. Its a very very good buy here in my view.
Elliott- the C which is the most devastating has five waves. I have divided the same into 5 waves.
Fibs- the stock is also down to fib confluence. Hence it is at a good support.
Conclusion - stocks top and bottom on the day of some significant news in the counter. With todays bad quarterly results, in my view the bottom is made. Its a very very good buy here in my view.
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