Tata motors is quite overbought; it has reached the targets given by brokerages, all set to correct in coming few weeks. Today inverted hammer candle has formed on daily time frame. Short Tata motors for targets 630, 600, 580 within 1-2 months
Trade closed: target reached:
1st target of 630 reached in 2 days and much more !
Trade closed: target reached:
2nd target of 600 done !