Thunder918

short term trade

Thunder918 Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
tata motors lenier regression channel shows a clear downtrend. however, due to market correction the stock has touched lower band of the channel.
expecting a rise till 175 levels only post which all positions need to be squared off. fresh longs can be initiated only after pprice crosses the upper band.
Trade closed: stop reached:
closed for now. will re-enter once this channel is decicevely breached

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