Good short opportunity in Tata Motors
https://www.tradingview.com/x/yewCdcRm/
Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel.
One can short at:
CMP - ₹425
Target - ₹ 410 / 400 / 390
SL - ₹ 445(closing basis)
TATAMOTORS
Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel.
One can short at:
CMP - ₹425
Target - ₹ 410 / 400 / 390
SL - ₹ 445(closing basis)
TATAMOTORS
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