TVSMOTOR - At very important level of 390.
Its been observed that TVSMOTOR is at very important level of 388-391. This is previous swing resistance as well as 61.8% retraced level.
There is an opportunity to go long above 392 for target of 400. SL will be 382 on closing basis
There is an opportunity to go long above 392 for target of 400. SL will be 382 on closing basis
Note
Trade not initiated yet. Seems good resistance at 390. However we are not interested in selling on this counter.Trade active
We are long on this counter now @ 392.1Trade closed: stop reached
Stopped out with loss of 12 pointsTrade active
Turned back and achieved the target on up side on 24/01.
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Disclaimer
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.