this is confirmation that price will reverse to the mean level of 347 so break belwo 356 will take it to 347 and odd, so trade accordingly
코멘트:
one can short trade for 10 to 12 points
코멘트:
코멘트:
it is exactly 61.8% Fibonacci retracement and price resisting here around 372.3 previous resistance at 376, though it appears it has come out of channel but price has to retest the channel and take support to go further, if kit holds the channel support then we get confirmed price will go further to test 400 rs. so 342 has to come and retest. expect correction to 342 levels
코멘트:
i f tatamotors trade below 357.6 then you can go short to the level of 356.6, 354.7,352.8,350.9,349, 347.
코멘트:
corrected to 357