Thursday, October 13, 2011

TATA Motors Life Cycle

A stocks cycle consists of three cycles - Accumulation, Realization and Dsitribution. TATA Motors has gone through its distribution stage. Its weekly charts suggest a process of accumulation. The next stge may be realization. A realization stage starts when a stock breaks up from the base. After breaking its base, the stock tries to move up very fast. Chart below:



1 comment:

Technotrader said...

Sir, as per my very little knowledge retail investors will not start buying in small quantity stocks like SBI, tata motors, hindalco, tvs, etc for good gain over a time frame of 1 to 3 years but they will always buy SBI @ 3500, TVS for 90 hindalco @ 250.