**************** TRADE ANALYSIS ***************** Tatamotors was given for long in the morning at 10:05AM above 249.2 when it was trading at 248.3. It triggered at 12:35PM and gave us bumper move. I analyzed target at 265 and it made day high of 264.65 in full bearish market.
Reason behind trade was 1. DARVAS Box 2. Pennant pattern after strong upmove
Target I analyzed using 1. DARVAS Box 2. Fibonacci
This is again one example as how you can use simple price action to find high probable trades and earn easily.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.