TATA MOTORS in a channel

• Tata motors share has been trading in a channel for many months now.
• Right now the weekly chart is showing a shorting opportunity as the stock is trading near the channel resistance line.
• One can go short around 915 levels with a small stop loss. Here the risk reward ratio is huge one can book profit at the middle of the channel.
• The above trade idea is based on the channel. If the channel breaks out and closes above it one should use the stop loss.