Niftymovers

TATA MOTORS CLASSICAL POISTIVE DIVERGENCE ON DAILY

Long
NSE:TATAMOTORS   TATA MOTORS LTD
NSE:TATAMOTORS Classical positive divergence seen. if demand is seen (green candle) 1 can long with stop loss below recent low 280 on daily candle closing basis. Target 1:2 risk reward ratio.

Comments

We should always consider tops for down trend and bottoms for up trend. Doing otherwise mostly gives false signals.
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