TATA MOTORS LTDShort
Can $NSE:TATAMOTORS Will test 695 Level ?
Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stockTATAMOTORS I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 705-703 level then possibly we can see 698-695 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1) Buying an Option
Strike Rate= 705 PE
Buy Price= 17.50-18
Stop Loss= 15.50
Target = 22,24,25.50
Time Frame 4-6 Days
Investment = 25600
maximum Loss= 3600
Profit Upto = 10700
2) Hedge strategy
Stock Name-TATAMOTORS
Future Entry Level - Sell Near 710-709
Future Stop Loss Level- 716
Future Target Level- 703,700
Option Level- Buy 705 CE
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock
TATAMOTORS I have been monitoring.Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 705-703 level then possibly we can see 698-695 level so if you are ready to take Risk then I have 2 Strategies For Month Of November Series that we can Deploy.
1) Buying an Option
Strike Rate= 705 PE
Buy Price= 17.50-18
Stop Loss= 15.50
Target = 22,24,25.50
Time Frame 4-6 Days
Investment = 25600
maximum Loss= 3600
Profit Upto = 10700
2) Hedge strategy
Stock Name-
TATAMOTORS Future Entry Level - Sell Near 710-709
Future Stop Loss Level- 716
Future Target Level- 703,700
Option Level- Buy 705 CE
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
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