Technical Set up:Hero Honda,Tata Motors and Maruti

By | July 19, 2012 8:56 am

Be aware of what is going on in your mind, body and feelings. Slipping into an internal focus seems automatic because we aren’t fully aware of it as it is happening. Being aware of what the mind is saying and how we are feeling is the first important step in mental toughness. You can catch yourself before things spiral out of control.

Tata Motors

Tata Motors has formed a Hammer Candlestick pattern which do indicate a reversal is on cards. Telco has taken support near crucial trendline support at 218.

Buy above 224 Tgt 226,229.7 and 231


Hero Honda

Hero Honda was forming an symmetrical  triangle formation,tomorrow is results day and breakout and breakdown should occur.

Sell below 2099 Tgt 2074,2065 and 2040

Buy above 2124 Tgt 2138,2162 and 2200


Maruti Udyog


Maruti is near its trendline resistance breaking the same will make it go till 1250,unable to do the same will pull it back till 1175

Buy above 1230 Tgt 1241,1256 and 1270

Sell below 1214 Tgt 1199,1171 and 1157

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