ManikandanElango

Tata motors - Short

Short
NSE:TATAMOTORS   TATA MOTORS LTD.
Both Price and Momentum is facing resistance at the same point...

Sell below 358 with stoploss above 370

Targets - 340/326

1.RSI is facing resistance
2.Stochastics is in overbought zone with a crossover.
3.If you see the first shooting star, selling volume is very high.
4.Spinning stop buying volume is very low compared to selling volume.
Trade active:
Target 1 Reached...
Comment:
Near Target 2....
Trade closed: target reached

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