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NeeteshJain
14 сен 2016 г., 07:47

TVS Motor at Shorting Levels  Короткая

TVS MOTOR CONSE

Описание

The price action just filled the previous gap down space and now indicating weakness due to long upper wick. The last candlestick that had long upper wick also known as Gravestone Doji, a trend reversal pattern, that suggests rejection of higher prices. It is wise to short at current levels with stoploss.

Target 1: 309

Target 2: 301

Stoploss: 332

Сделка активна

Increase positions, it shall reach to 309 levels in 2-3 days.
Комментарии
leewongavatar
Since market is reversed, Should I hold this position?
NeeteshJain
Yes, just maintain the stoploss and continue holding it to achieve target 1
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