Its been observed that TVSMOTOR is at very important level of 388-391. This is previous swing resistance as well as 61.8% retraced level.
There is an opportunity to go long above 392 for target of 400. SL will be 382 on closing basis
There is an opportunity to go long above 392 for target of 400. SL will be 382 on closing basis
Commento:
Trade not initiated yet. Seems good resistance at 390. However we are not interested in selling on this counter.
Trade attivo:
We are long on this counter now @ 392.1
Trade chiuso: stop raggiunto:
Stopped out with loss of 12 points
Trade attivo:
Turned back and achieved the target on up side on 24/01.