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Tata Motors

16 Apr 202103:23 PM

This was the best solution I could come up with on Tata motors. First let me note that the recent consolidation since Feb ended in a triangle, mostly wave iv. So I went back to the bottom and redid the wave counts, the result is more extensions. Without much details the channel and Fibonacci projection end at near 551 for the next wave which is v of iii up. After that one correction and a final rally will end a larger 5 wave advance. Let us get there first to look further.

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