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Trading_hawk
Nov 2, 2021 5:56 PM

Simple Trade Setup | TATAMOTORS | 03-11-2021 [ INTRADAY] 

TATA MOTORS LTD.NSE

Description

NSE:TATAMOTORS

All the levels and trade setup remains same as per previous trade setup.

Trade Setup for Date 03-11-2021:

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.

4) Avoid gap up or gap down chase. Wait and trade between levels.

Please refer below chart for levels.


Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Comments
harmanimpexllp
by nov series
harmanimpexllp
Bro i bought at 510 past 2wice it has touched and not able to cross do you thinknl it will cross my cost
Trading_hawk
@harmanimpexllp, Hi bro,
You have bought options or futures?
harmanimpexllp
cash equity i never do fo and options :)
Trading_hawk
@harmanimpexllp, Okay noted.

As you are looking till Nov Series, so my personal opinion is that there might come a dip till 450-445 level range. And if it sustain above it then we can see a good pullback.
I am not sure if it will cross the levels of 510 in this Nov month or not. Since I am an intraday trader so I am playing in levels. Hence I can say that bullish move can come if 1) it breaks and sustain above 505 level. Or if 2) it gives dip till 445-450 level.

But as a equity portfolio, this stock is pretty safe to carry for long term instead of holding it in very short term.

This is my personal view only.
harmanimpexllp
also bro if you could help me bougbt 2 stocks at TOP

AXIS AT 848
GAIL AT 171

both holding equity big qty
Trading_hawk
@harmanimpexllp, Okay.

I will reply you soon on this.
harmanimpexllp
thank you bro
Trading_hawk
@harmanimpexllp, 🙏🙏🙏

BTW, if you want some books to read then I can share it on your email.
harmanimpexllp
thanks bro , not a reader type ;)
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