Tatamotors has just broken its resistance and has started trading above the trend line. Good chance of breakout from these levels and more over fresh indications on Macd suggests fresh bull run on the cards. Expecting minimum target of 136 and then let it run to hopefully touch 150 levels shortly with trailing stop loss
Trade closed: target reached:
Trailing stop loss still active, now the trailing stop loss is at 170
Trade closed: target reached:
Have exited and gone short on Tata motors