Tata Consumer Short Only below 350 !!The location of trading activity. At the end of the chart, on the upper right, we can see that the trading activity moves in the low part of the value area, between the control and the value low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value low.
the trend is most likely to end.
Short below: 350
Thanks
Tataconsumer
TATA Consumer Product , 75 Min Analysis .** ON Daily And 75 Min Time Frame Trend Is On Upside .( Price Is Making Higher High And Higher Lows ).
** Price Taken Support On Trendline And Retraced From Demand Zone .
** Hammer Pattern ( Price Rejected From Demand Zone 323-326 )
After Hammer Dozy Form Indication Of Indecisiveness . Price Unable to close Above Dozy .
Reference Candle Now Is Dozy . After Price Close Above Dozy In 15 Min Or 75 Min Time Frame Then Trade Initiate On Buy Side .
Buy 337.5
SL 324.4
Manage Your Target And Sl According to Your Risk Appetite .
Happy Learning .