Under Pressure
Our Pivot: 174.00
Our Preference: Start short selling TRG below 166.80 and average it out till 169 with strict stop loss of 174 and profit target at 159.80 with extension towards 156.
Alternate Scenario: Upward penetration of 174.00 will call for 177.30 and 180.
NOTE: TRG have given bearish breakout of its bullish price channel on daily chart and its moving downward in a bearish price channel on hourly chart.
Chart with supports & resistances:
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