r-ya

Double top or M pattern ? - Tata motors

Short
r-ya Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
TATAMOTORS is forming Double Top or you can say M pattern on 15 min chart .. which is considered as extremely bearish.

Levels are mentioned in the chart

To be safe

Short below : 289

Target : 282 or below


P.s : I am still in learning phase ... all the critics are appreciated .. please let me know if i am wrong.


Note : This is for educational purpose only ... and i am not giving any Trade advice.
Comment:
Sold at 290
and
profit booked at 284

Profit : 6 points

Trade Closed
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