There is flat top bottom pattern formation and On the hourly chart stock formed bearish divergence and on the daily chart stock resistance faces in down trend line. So I'm very confident for taking this trade.
During the time of election nifty will be highly volatile . If it break support then can test second support and vice versa. Don't hold your trade . Only do intraday trading .
Capital protection is trader main aim.
Disclaimer :- this is a educational call don't trade and invest in my recommendation.
buy tata motors every down tick, next thing you can invest in it till it is hinged above 190
buying range is 200 - 210 , take a stop loss around 190 , target @ 275 for 3 months prospective
Disclosure :- I have invested at 175 level in this...