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guptaaditya24
Sep 23, 2021 8:21 PM

Tata Motors: Another tata stock exhibiting clear upmove Long

TATA MOTORS LTD.NSE

Description

Hello Traders,

Tata Motors has exhibited clear upmove graph. Post Inverse head and Shoulders formation it has given a breakout. Now I am certainly entering the trade with following strategy.

If stock continues non-stop upmove:-
Then I will enter the trade when it crosses above 329 around 330

If the stock consolidates:-
And takes a rejection at 9 EMA or 21 EMA in 75 minute then I will enter the trade at that price somewhere around 318

SL: 299
First target: 350
Second target: 377
Comments
guptaaditya24
Has given a good move in last 4 sessions. Up by 7%
guptaaditya24
One can also take entry between 327 and 330.50
guptaaditya24
Entered the trade at 323
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