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NeeteshJain
Dec 27, 2016 5:37 AM

TVS MOTOR - BREAKS & GAP BELOW CHANNEL Short

TVS MOTOR COMPANY LTD.BSE

Description

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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