Safwan65

TVSMOTOR, 1D forms Bearish Engulfing

Short
Safwan65 Updated   
NSE:TVSMOTOR   TVS MOTOR CO
TVSMOTOR TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles.

TVSMotor formed Bearish engulfing candlestick pattern after an uptrend on daily timeframe and gave closing below that candlestick pattern.
Entry : 1454.4
Target : 1386
SL : 1502
RR : 1.44
Trade closed: stop reached
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