Tata Motors Technical chart | 03-Nov-2011

Here is a technical chart of Tata Motors, listed on Indian stock market, with Ichimoku Kinko Hyo indicator.

This is a famous Japanese indicator, which is complete in itself.

The price of Tata motors has touched a high of Rs.208 few trading sessions back and from there, it is coming down. There is no surprise in that as Kijun-sen line if flat and it will attract the price. So, in coming days, you can see the price of Tata Motors touching the price of 175. Take your positions accordingly.