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NeeteshJain

TVS MOTOR - BREAKS & GAP BELOW CHANNEL

Short
TVS MOTOR COMPANY LTD. (BSE:TVSMOTOR)  
NeeteshJain Updated   
BSE:TVSMOTOR   TVS MOTOR COMPANY LTD.
TVSMOTOR breakout gapdown Parallel Channel
11
0
tvsmotor breakout gapdown parallelchannel
It is been observed on the hourly chart that the price action breaks and gaps below the up trending channel on hourly chart. It is indicating a bears come back with strong pressure. Now, it shall further go down to the next support levels.

Target: 350

Stoploss: 365

Trade active
Trade closed: target reached:
Target 1 reached successfully. Now it shall further dip below to 345 levels. Regards

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