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Denis, , Dow Theory
Tata motors current price@457.55 when analysis using dow theory the recent low bottom and low top indicates an good sign of bearish only when the price reach further below @ 457.25 since at that point there’s chances for bear to take control. Indicates short position sell @ 457 buy @ 452 stop loss @ 460. The decline in price and volume indicates the sign of further decline only below @ 457.25
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