Rejection of Triple Top Short

NSE:TATAMOTORS240

TATA MOTORS LTD.NSE

Description

⋅ Nov 14, 2020 1:19 PM

best price to enter would be 140rs for long

Triangle tripletop

Comments

ShreeKrishna

⋅ Nov 15, 2020 4:31 AM

I did not understand , the Post is tagged with Short Post and you are writing explain to Go long @ 140. 00 so what exactly one has to understand Go short or long ??

nitishj

⋅ Nov 15, 2020 7:00 AM

I think he means short at current levels of 150 and then go long when it goes to 140.

patelfurqan01

⋅ Nov 15, 2020 11:12 AM

@nitishj, No No don't sell this. cup & handle pattern was formed wait until 155 if this strong resistance break target will be 185/190 for sure.

vinodgarg603

⋅ Nov 15, 2020 1:44 PM

@patelfurqan01, YES U R CORRECT

patelfurqan01

⋅ Nov 15, 2020 4:45 PM

@vinodgarg603, Thanks

Bibhu776

⋅ Nov 15, 2020 2:59 PM

@patelfurqan01, Correct, downside break out has very less volume. But the stock needs to break resistance of 155 with very good volumes to move up

patelfurqan01

⋅ Nov 15, 2020 4:44 PM

@Bibhu776, yes Right..don't miss the break out a rally after 155 resistance.

RudraAssassin

⋅ Nov 15, 2020 3:06 PM

Hey @nitishj,

I think minor correction will come before a good upside boost.
For Safe Investing one can invest 50% right now and another 50% later on.

patelfurqan01

⋅ Nov 15, 2020 4:56 PM

@RudraAssassin, Right..this share making Cup & handle pattern & break out will happen after 155 for target 185/190

patelfurqan01

⋅ Nov 18, 2020 8:50 AM

@RudraAssassin, the stock is ready to touch our target ❤