TATAMOTOR on short term reversal

Hi friends, look at TATAMOTOR, I am interested  with a small stop loss of today's(04/04/2013) low 255.7, CMP 260.8. There is a good reversal combination for short term (hardly 2-3 days) on daily and hourly chart. Where it is trading at it's daily demand zone and on hourly chart RSI has formed positive divergence with three swing high on RSI reading!!!! Very rare short term reversal pattern. Have a happy trading.

NIFTY view for the week1st April-5th April 2013

HINDALCO: On a reversal pattern, good opportunity to long

Hi friends, this week I am bullish in a few stocks along with NIFTY and  RELIANCE ,HINDALCO is another one.CMP 91.6 not  a bad entry but 89.6-90.6 would be far better.because of stop loss is 87. By the way on daily chart RSI has started working. May be it won't stopped before 99.5 and 105. Manage your trade as per your risk factor. Have a happy trading.