**************** TRADE ANALYSIS ***************** Tatamotors was given for long in the morning at 10:05AM above 249.2 when it was trading at 248.3. It triggered at 12:35PM and gave us bumper move. I analyzed target at 265 and it made day high of 264.65 in full bearish market.
Reason behind trade was 1. DARVAS Box 2. Pennant pattern after strong upmove
Target I analyzed using 1. DARVAS Box 2. Fibonacci
This is again one example as how you can use simple price action to find high probable trades and earn easily.
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