nalinakshi

second pin bar

nalinakshi 已更新   
NSE:TATAMOTORS   TATA MOTORS LTD.
this is confirmation that price will reverse to the mean level of 347 so break belwo 356 will take it to 347 and odd, so trade accordingly
評論:
one can short trade for 10 to 12 points
評論:
評論:
it is exactly 61.8% Fibonacci retracement and price resisting here around 372.3 previous resistance at 376, though it appears it has come out of channel but price has to retest the channel and take support to go further, if kit holds the channel support then we get confirmed price will go further to test 400 rs. so 342 has to come and retest. expect correction to 342 levels
評論:
i f tatamotors trade below 357.6 then you can go short to the level of 356.6, 354.7,352.8,350.9,349, 347.
評論:
corrected to 357

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