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

עסקה סגורה: היעד הושג:

It was very volatile road, but we made to our targets eventually. Regards