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Short

ZIG ZAG corection in TVS motor

NSE:TVSMOTOR   TVS MOTOR CO
The pattern formed in TVS motors suggests that it is undergoing a zig zag correction. Wave A and Wave B of the correction is already over. I am expecting wave C to be either 100%, 138% or 161.8% of wave A. Also it can be noticed that the support line in wave B is broken. The complete pattern assumption becomes invalid, if the high 380 is broken. Let's wait and watch the development.
Comment: We can wait for a pull back for short entry ...
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