TH Stock was in consolidation from almost an year and now the Auto index already gave the breakout with current fundamentals which are growing at a rapid pace . On charts it looks perfect buy for Short term.
The stock is recently broken the previous resistance @590-605 zone
price broken and retest is observed...
if price failed to move upside...will get an opportunity to enter short side...
This stock is continuously in uptrend from long time...this is good opportunity to continue with this stock in upwards....
Keep safe...
A potential reverse Head & Shoulder pattern is forming.
Fundamentals are not good but technically if this pattern plays out then it can hit 960 or even 1000 level as its technical target.
Currently price is moving inside a descending channel.
Expecting support to be around 300 level.
In worst case it may fall to 200 level (very unlikely)
Better to enter...
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
