TATAMOTORS short setup

Looking forward to go short between 124-129 around mid Octocber upon a bearish signal.

Will update the entry, targets and SL once the trade is active.

Comment:

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Tatamotors went to 124-129 zone as per our analysis.
We were waiting for a reversal signal in this 124-129 zone before going short.
As seen on hourly chart its currently finding strong support and is also above 200 hour SMA.
So wait for a a breakdown below 200 SMA before going short.

Comment:

Short Tata Motors below 122

SL: 127.75

T1: 113
T2: 106
T3: 98

Comment:

Short trade not triggered.
Looking for opportunity to go long at 130

Trade active:

As mentioned on Oct 17th "Looking for opportunity to go long at 130" after the channel breakout and short idea getting invalid.
Now 130 level is being tested and we see that its being defended by the bulls.

Buy between 130-135

T1: 150
T2: 167

SL: 121

Trade active:

Buy between 130-135

T1: 150
T2: 167

SL: 121
SL: 126 for Conservative traders

Trade closed: target reached:

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T1: 150 achieved