NeeteshJain

Tata Motors - Breaks Out Descending Triangle, Moving Down

Short
NeeteshJain Pro+ Updated   
BSE:TATAMOTORS   TATA MOTORS LTD
It is been observed that the price action forms a descending triangle on hourly chart, forming lower highs. Now the price action breaks out from the triangle, indicating weakness ahead.

Target: 532
Stoploss: 552
Trade closed: target reached: It was very volatile road, but we made to our targets eventually. Regards
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