Tata Motors -
1. Here you can see,
TATAMOTORS
is on resistance on daily trendline.
2. Also, you can see the earlier resistance area which might turn out to be support and help in breaking out of the downward sloping trendline.
3. Otherwise if it doesn't find demand, we may see levels of the previous swing lows.
4. There's a divergence with the OBV osciallator indicator too. indicating weakness.
1. Here you can see,
TATAMOTORS
is on resistance on daily trendline. 2. Also, you can see the earlier resistance area which might turn out to be support and help in breaking out of the downward sloping trendline.
3. Otherwise if it doesn't find demand, we may see levels of the previous swing lows.
4. There's a divergence with the OBV osciallator indicator too. indicating weakness.
Комментарий:
Broke the trendline. Exited short trade. No new longs.
Комментарий:
Trendline break continues upmove. didn't take any position though.
Комментарий:
Look for the break of the trendline.
Комментарий:
Currently taking support though, will make a new chart.
