TATAMOTORS trade ideas
TATA MOTOR - CE 400 27 OCT - Potential Opportunity
Currently NSE:TATAMOTORS is trading at 412. The following opportunity exist on downside for potential long call options for strike price of 400. The current SD of tata motor is about 3.5 to 4.5%.
Predicted value of tatamotor on 10th OCT - 395-400 range.
Predicted value of tatamotor on 20th OCT 410-415 range. (about 1SD from the 395 range, it may go above 415 if market holds and with festival season sells).
Current LTP of CE 400 options: Approx 22 Rs.
Expected trading price on 10th if predicted price comes - 8.90 to 11Rs.
Suggested buy range: 9 to 11.4, hold for 2 weeks.
Predicted premium on 20th OCT for 410-415: 14.65 to 18.30
Estimated premium on 20th OCT for various price:
380 1.95
385 3.00
390 4.45
395 6.35
400 8.65
405 11.45
410 14.65
415 18.30
420 22.25
Note:
Above idea is for education purpose only and not to be considered as trading tip.
The option prices are estimated using sensibull price calculator for todays IV.
TATAMOTORSELLO GUYS THIS MY IDEA 💡ABOUT TATAMOTORS is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
TATA MOTORS - JUST A VIEW 📊 Script: TATAMOTORS (TATA MOTORS LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO
📊 Sector: Automobile and Auto Components
📊 Industry: Automobiles, Passenger Cars & Utility Vehicles
Previously 448 Level was working as resistance level after it breakout it may work as Support level .
Keep an eye on TATAMOTORS.
It may take support at mention level or it will break and if it breaks support level one can go for SHORT.
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂