TATA MOTORS LTDShort
Short entry
I entered short trade once formed a bearish candle (the fourth candle)
The main reason to enter in short is that it's a trend candle which closed below an important weekly resistance. But unfortunately the downward rally not continues.
Last two days the price is trading very narrow range and mostly in above ema. Which indicate the price is strong.
The main reason to enter in short is that it's a trend candle which closed below an important weekly resistance. But unfortunately the downward rally not continues.
Last two days the price is trading very narrow range and mostly in above ema. Which indicate the price is strong.
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