stocksinboxx
Short

TATAMOTORS.......SHORT ???

NSE:TATAMOTORS   TATA MOTORS LTD
112 1 6
TATA MOTORS HAS CLOSED BELOW THE IMPORTANT SUPPORT ZONE ON THE DAILY BASIS. IF IT OPENS LOWER ON MONDAY...THE IMMEDIATE TARGET SHOULD BE AROUND 403 & THE FINAL TARGET WOULD BE AROUND 371. ALL SAID AND DONE IF YOU WERE A PROFESSIONAL TRADER...YOU WOULD HAVE IDEALLY SHORTED AT THE 38.2 % FIB LEVEL WHEN IT FAILED TO BREAK 480 FOR MANY DAYS . SHORTING AT THE LOWS IS OFTEN RISKY....BECAUSE THE STOPLOSS LEVEL (465) IS VERY FAR. I WOULD RATHER WAIT FOR A RETEST OF THE SUPPORT ZONE OR THE DOWNWARD TREND LINE TO INITIATE A SHORT. THIS IS JUST MY VIEW.....YOU ARE FREE TO COMMENT.
Perfect
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out