TATACOMM - #intraday Chart Analysis || 2nd June,2023 #stocks

Updated
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 2nd June, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups

Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it

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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED

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Trade closed manually
Traded for Intraday Today (2nd June, 2023)

TATACOMM (5min TF)

Entered LONG at 9:25am
✓ Achieved 1.7%
✓ R:R = 1 : 3
Exited LONG at 3:15pm

✓ Market opened with a green candle and it took support from our demand zone that we marked out
✓ Entry was taken on a 3min TF because we got our confirmation along with a small SL
✓ Target was a clear 1:4 but went into consolidation, so exited at 1:3 at EOD

#stocks #intraday #priceaction #followthetrend #intradaytargethit
Chart PatternsTechnical IndicatorsTrend Analysis

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