Tatamotors - short idea

Updated
Tatamotors would face resistance around 440
Sell in fut / buy put with stoploss 450
Target - 426, 417, 411, 405

Auto sectors have rallied well in recent days, we can expect some sort of profit booking and exactly tatamotors trading near pattern supply zone..
Trade closed: target reached
Chart PatternssellsignaltatamotorsTechnical Analysis

Disclaimer