TVS Motors Short Short

TVS MOTOR CONSE

Description

⋅ Jul 12, 2020 8:25 AM

This is a long term view,
It is in uptrend in Daily TF,
So there is a chance for failure

Downtrend in Monthly TF

Fibonacci Extension reached 1 and showing resistance

Fibonacci Retracement reached 0.618

Earnings results expected on July 22 @-2.85

Probable target

Entry point

⋅ Aug 4, 2020 5:19 PM

Late update: Rolled over my short, had 390 PE short towards end of last expiry, added those points to my BEP