Auto sector is only sector which showing strength at current situation in which tvs motor and mahindra & mahindra have good chart structure.
TVS motor price one cross the 815 resistance, next target will be 1000. SL must be on 695.
Fibbonasi is drawn for Stop loss .
In trading always use formula " SLET" that may increase your chances for winning
SLET means
1. SE= first see Stop loss
2. E= second is entry
3. T = Third is Target
" Post is education view.
TVS motor price one cross the 815 resistance, next target will be 1000. SL must be on 695.
Fibbonasi is drawn for Stop loss .
In trading always use formula " SLET" that may increase your chances for winning
SLET means
1. SE= first see Stop loss
2. E= second is entry
3. T = Third is Target
" Post is education view.
Trade closed: target reached:
price is crossed our set target.