TVSMOTOR is testing lower end of bearish flag pattern and if market is bearish on Friday then can be high probable setup for shorting. Short to be initiated below 329.7 with targets around 325, 321 & free fall. There is possibility of retracement as well.
We follow simple price action process to trade short with high probability. Price action is trading process and it does not need any indicator and works well. All that is required to master this skill is knowledge of some simple rules and willingness to practice.
Request your support as always by your like/comment. Thanks Piyush Gupta
The kind of volume that has traded in bearish flag does not give me confidence of breakdown in stock. Please let me know if my thought process is correct?