Tata Motors - Breaks Out Descending Triangle, Moving Down
It is been observed that the price action forms a descending triangle on hourly chart, forming lower highs. Now the price action breaks out from the triangle, indicating weakness ahead.
Target: 532
Stoploss: 552
Target: 532
Stoploss: 552
Trade closed: target reached
It was very volatile road, but we made to our targets eventually. Regards
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.