ManikandanElango

Tata motors - Short

Short
NSE:TATAMOTORS   TATA MOTORS LTD
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 .
Trade active: Target 1 Reached...
Comment: Near Target 2....
Trade closed: target reached

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