TVS Motor Looks Strong above 397 only for intraday purpose.

19 Tem 2020

As you can see TVS Motor is in Rising trendline Channel and it hold trendline support on 16-July and made a Bullish pin Bar Pattern, I know some people will say pin bar pattern only work in downtrend but try to understand the psychology behind the pattern still i am not bullish or bearish i will only buy above 397.

20 Tem 2020

Not

I bought above 397 like i said yesterday but it didn't reach my profit target , i closed it manually at NO profit NO loss .
There is Monthly resistance at 400 that's why it didn't reach the profit target in intraday but still we were bullish and we got out with NO harm