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swarajhanspal
Mar 7, 2023 2:31 AM

Short Tata motors - Target 423 Short

TATA MOTORS LTD.NSE

Description

Short Tata motors as per trendline shown -- Target 423 in coming 2 weeks. Stop loss 455 upper (trendline) its movement is expected to parallel Nifty, if Nifty gives breakout on upper side then Tata motors will too. But more chances are that it will go down from here and so will Nifty

Trade closed: target reached

Comments
Kapil-Mittal
👍 Thank you for sharing your insights on Tata Motors and the potential trendline analysis. It's always helpful to have a clear target and stop loss in mind when considering a trade. Personally, I agree with your assessment that Tata Motors is likely to follow the broader market trend, and I appreciate your caution in considering the potential downside risk. Best of luck with your trading strategy!
swarajhanspal
@Kapil-Mittal thank you for your honest opinion sir
swarajhanspal
@Kapil-Mittal, target reached today.
AMIT-RAJAN
Nice
cryptovinnu
Short ?? Its already trapped lower side and test around 410 levels ... clearly its going to be break out for me .
swarajhanspal
@cryptovinnu, target reached today.
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