Tata Motors : Sell/Short on News of Demerger
Updated
Tata Motors is very clear case study of Buy on rumour Sell on News. Some strong hands must have Demerger News before public. Now those who bought before this rally will book profit.
Do not buy it until it correct itself and consolidate at 820-810.
Short/Sell at this level with stoploss 1066(Today's High) to get reward of news selling.
Do not buy it until it correct itself and consolidate at 820-810.
Short/Sell at this level with stoploss 1066(Today's High) to get reward of news selling.
Trade active
shift stoploss to 1037. A very decent breakdown in price will be seen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.