Bravetotrade
Short

Tata Motors: Driving Down

NSE:TATAMOTORS   TATA MOTORS LTD
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6
146 0
I am expecting down move B to be as large as move A, that takes us to 61.8% retracement of the last bull move.
Aggressive traders may short at current price.
Others may wait for pullback up to 454-456 as a sweet stop to short (after confirmation).
Targets would be 443-444
SL 461

Never risk more than 1-2% of your capital on a single trade.
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Thanks
Jun 13
Comment: Ready to hit target zone.
Jun 13
Comment: Can cover partial here
Jun 13
Comment: @447
Jun 14
Comment: Moved SL for the rest of position to 454..breakeven
Jun 14
Comment:
Jun 14
Trade closed: stop reached
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