TVS Motor - Uptrend Channel (At Break it or Make It Moment)

19 Eyl 2016

It is been observed that the price action moving in a uptrending channel. Currently the price action has reached to the uptrend channel resistance, it will be interesting to watch from here on that the price action will break above the resistance or retraces back to the support levels of the channel.

19 Eyl 2016

İşlem aktif

The prices did retrace from the resistance levels indicating selling pressure. The price shall come down further tomorrow.

Target: 331
Stoploss: 343

21 Eyl 2016

İşlem kapandı: hedefe ulaştı

Target of 331 reached today.

21 Eyl 2016

İşlem aktif

Today, the price action formed Lower highs (LH) indicating weakness. It shall go further down to 315 levels Stoploss 343