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ManikandanElango
Apr 8, 2018 8:06 AM

Tata motors - Short Short

TATA MOTORS LTD.NSE

Description

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

Comments
SaikiranGarapati
Hi Sir

4.Spinning stop buying volume is very low compared to selling volume .

How u know buying volume and selling volume?
ManikandanElango
@SaikiranGarapati, kindly see the volume graph.,.. big red volume in first shooting star and small green volume in the second spinning top.. .
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