RUDRA007

Tvs Motors Good short Candidate

Short
NSE:TVSMOTOR   TVS MOTOR CO
Tvs spot cmp 603

Bearish dragon pattern formation..
Trend line from head to hump , breakdown confirms the formation of dragon pattern..
613-620 good selling range..
with stoploss above 635 on closing basis


Good short candidate..
Trade active: counter gave good levels to go short around around 620 levels and after sell activation counter fell to levels of 580,,
around 40 points fall done,,
keep booking as per pocket

final target around 520-540 levels