TATAMOTORS trade ideas
Tata Motors - Intraday Trade SetupTata Motos CMP - 339.20
Looking bearish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Sell* Range 337 ONLY / Stop Loss 346
Target 1 - 334
Target 2 - 330
Target 3 - 325
Disclaimer: This is my view and for educational purpose only.
Gravestone Doji Candle on Daily Chart , wait for confirmationTata motors are up uptrend on the daily chart, after touching high of 341.90 on 3rd Feb 21, the same is breached again on 3rd March 21, exactly after one month. this is generally good news for bulls.
however, the formation on Gravestone Doji on a daily chart may indicate that tata motors might cool off a bit here.
few more days of confirmation required before one thinks of taking a short position.
TATA MOTORS LEVELS for long term investmentTATA MOTORS LEVELS for long term investment.
The levels are permanent can be used for many years ahead.
How to use?
1. Buy above dotted line for target of dark line.
2. Buy condition is one day closing should be above dotted line and enter trade when that candle's high is broken.
TATA Motors Wedge breakout-- INTRADAYHello Fellow Traders,
Hope you are doing well. Tata motors after big rally need to cool off a bit to fill the potential gaps that is around 287-288 which aligns with the Fib level 61.8 . We will definitely most likely see a small profit booking then jump to higher levels again my stops will be just above the wedge and Targets will be 300,288 but along the way I will trail the stop loss to BE as it goes in my favour.
Short positions are risky. But, We have stops incase the market humbles me.
We are good and let's see how it goes.
Good Luck Traders