NeeteshJain

TVS MOTOR - BREAKS & GAP BELOW CHANNEL

Short
BSE:TVSMOTOR   TVS MOTOR COMPANY LTD
It is been observed on the hourly chart that the price action breaks and gaps below the up trending channel on hourly chart. It is indicating a bears come back with strong pressure. Now, it shall further go down to the next support levels.

Target: 350

Stoploss: 365

Trade active
Trade closed: target reached: Target 1 reached successfully. Now it shall further dip below to 345 levels. Regards

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