165 is the magical number for Tata Motors

8 Haz 2019

A daily close below 165 is a great shorting opportunity

Why 165 ?

because 165 is the number on daily chart where it has formed a support / resistance three times in the past

What should be the stop loss ?

Simple - a daily close above 165

what should be the target ?

Targets should be taken along the way up-to 150/155 !!

8 Haz 2019

Not

Presently Tata motors is trading @ 169

Look for a daily close below 165

Remember it is the closing price which is important

8 Haz 2019

Not

if you like this idea - DO click on the like button so that we will be motivated to publish more such posts

11 Haz 2019

Not

we still have not got a daily close below 165.

yesterday price went below 165 but closed above 165

so trade not active yet

Hope you understood the importance of DAILY CLOSING VALUES

19 Haz 2019

Not

Say hip hip hurray

the first target is reached -

wait for the second target