AbhishekHSinghCMT

Tata Motors - Bearish Bat @349- Target 344-341

Short
NSE:TATAMOTORS   TATA MOTORS LTD
Spot Current Price - 347.50

Bearish Bat Invalid Above 349 - Current Price@347.50 - Look to sell between 347-348 for targets 344-341 & lower targets.

Stops above 349
Trade closed manually: 14:04 Hrs 12th March 2018

Last price - 349.25

Pattern Invalidated but shall puzzle traders if remains below 350 in next few trading hours or dipping below 349 again shall take it back to all downside targets.
Comment: 15:24 Hrs 12th March2018

Last Price@353

Reaching Next Important Level@355 - Take Care if 355 stops the motor as that level is of utmost importance.
Comment: 10:50 Hrs 13th March2018

Last Price@354

Zone of 355-356 is important as suggested earlier -plan your trades properly for the day.
Comment: 14:35 Hrs 13th March 2018

Last Price@352

The fall from the important zone 355-356 as mentioned above.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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Comments

This stock is really testing my trading skills. From nowhere it gives bounce backs :) My stop loss got trig erred at 349 :)
Reply
@KiranRamesh, Likely it has some weakness left so we won't hurry buying TM at present.
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