Tata Motors Limited

Simple Trade Setup | TATAMOTORS | 15-09-2021

301
TATAMOTORS

Observations:

1)On Daily Time Frame: It has already crossed 50DMA level and 305 resistance level. Now it is aiming towards 310 next resistance level and 100DMA, which is places at 311.48 level.

Please refer below chart : Daily time frame.
スナップショット


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Trade Setup for Date 15-09-2021:

1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.

2) Everything is mentioned on the chart. I hope it is easy to understand.

3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.

Please refer below chart for levels.
スナップショット

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.

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