Siddharth_24

TATAMOTORS, GO LONG TRIANGLE BREAKOUT WITH VOLUME

Long
NSE:TATAMOTORS   TATA MOTORS LTD
1. SYMMETRIC TRIANGLE BREAKOUT WITH VOLUME
2. SURPRISING RESULT (LESS NEGATIVE THAN EXPECTED)
3. LONG TERM TIDE NEGATIVE BUT WE CAN RIDE THE WAVE
Trade closed manually: Our target is around 134 and we already seen 132
Market is showing profit booking so we can close it by getting good profit

Comments

what do u mean in point 3 long term were will it reach
+1 Reply
@kala22, Hello,
I mean long term (weekly chart) shows down trend and no significant trend reversal seen up till now, upper blue line shows down channel for weekly chart so it is purely for short term AS PER MY UNDERSTANDING
+1 Reply