TATAMOTORS BEARISH
Tatamotors Closing 416.65 with stoploss 429 then targets are 396-390.
Selling Reason.
1 --> Price Break the #Trendline and now retest the trendline.
2 --> Volume is also show the #Bearish and also selling volume is coming.
3 --> RSI is Ready to Break 40.
4 --> #ADX is show the #Bearish move and -DMI is rise.
5 --> Close below 200 EMA.
6 --> Bollinger Bands are ready to open in #Downside.
Selling Reason.
1 --> Price Break the #Trendline and now retest the trendline.
2 --> Volume is also show the #Bearish and also selling volume is coming.
3 --> RSI is Ready to Break 40.
4 --> #ADX is show the #Bearish move and -DMI is rise.
5 --> Close below 200 EMA.
6 --> Bollinger Bands are ready to open in #Downside.
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