Tata motors - Short
Updated
Both Price and Momentum is facing resistance at the same point...
Sell below 358 with stoploss above 370
Targets - 340/326
1.RSI is facing resistance
2.Stochastics is in overbought zone with a crossover.
3.If you see the first shooting star, selling volume is very high.
4.Spinning stop buying volume is very low compared to selling volume.
Sell below 358 with stoploss above 370
Targets - 340/326
1.RSI is facing resistance
2.Stochastics is in overbought zone with a crossover.
3.If you see the first shooting star, selling volume is very high.
4.Spinning stop buying volume is very low compared to selling volume.
Trade active
Target 1 Reached...Note
Near Target 2....Trade closed: target reached
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