Tata Motors - Bearish Shark @320-325 -Let us enjoy Motors's Ride

Jun 13, 2018

18:11 Hrs 13th June 2018

Last Price@308.90

Let's have some up & down ride.

Look for a push upside to 320-325 zone where CD leg of the bearish shark completes once done & if Nifty Index is slippery -can't hold 10850's look to sell from 320- 325 zone once it starts falling below 320. Enjoy The Motors Ride & Do let me know your experience.

Trading Strategy

Plan 1 - Buy with strict stops below 305 from zone 307-308 - Target 1- 314 - Target 2 - 320 -325 Zone

Plan 2 - Buy above 314 - Target 1- 320-325 Zone

Plan 3 - Sell in the zone 320-325 -If you see index slippery as described above -

Downside Target 1- 314 - Target 2 - 305 -307 Zone - Target 3 - 300-302 -Target 4 - 295 -297

Unforgettable Update - Tighten your seat belt - are we falling!

Jun 14, 2018

Trade active

06:31 Hrs 14th June 2018

Good Morning!

Additional Plan incase market does not behave as we think -

Plan 4 - It is risky call - Sell Below 305 - Target 1- 300 - Target 2 - 295 ( As a precaution should not move above 312) - Risk Reward is not that great you get 1:1 so if you ok then sell below 305.

Plan 5 - Buy from 295 -300 zone if motors get support & starts moving above 300 mark - Target 1- 305 -307 zone- Target 2 - 312 - 314 zone - Target 3 - 320 (Above 314)

Jun 14, 2018

Trade active

09:25 Hrs 14th June 2018

Last price@309.50

Day Low@307.10

Plan 1 - Active

As suggested buying between 307 -308 - Only those should trade who can afford to lose 2 points.
Once it crosses 310 mark we will trail our stops to buying price @307 so we do not lose or if lose than only brokerage.
Crossing above 312 - we will trail stops to 309 - to get 2 points. Target 1 -314.
Above 314 - Plan 2 shall activate.

Jun 14, 2018

Trade active

09:50 Hrs 14th June 2018

Last Price@307.50

This is the bottom zone for buying between 307 -308 as below 307 we should not buy and sell if it goes below 305 as per plan 4 -Risky call suggested early morning.

Jun 14, 2018

Trade active

10:14 Hrs 14th June 2018

Last Price@306.10

Below 307 - we are not interested to buy.

Jun 14, 2018

Trade active

10:18 Hrs 14th June 2018

Last Price@305

As step profit we will book partial profits in sell close to 303 if it holds between 302.50 - 303 below 302.50 we will book next at 300 & below 300 at 298

Jun 14, 2018

Trade active

10:55 Hrs 14th June 2018

Nifty Bearish Bat on 13th June 2018 Stops SBIN at 290's -Trading at 282



Nifty Moves 100 Points down to 10790's - 14th June 2018

Jun 14, 2018

Trade active

12:45 Hrs 14th June 2018

Last Price@ 305.10

Buying only above 307 - if crosses 307 & holds above 307 or wait for a dip close to 302.50 -303 below 302.50 for 300 - 298 levels.

Jun 15, 2018

Trade active

09:29 Hrs 15th June 2018

Last Price@306.65

Do not jump in the trade immediately - hold your nerves -enjoy your breakfast & allow them some space - holding above 307 -you should take buying in Tata Motors.

Jun 15, 2018

Trade active

12:07 Hrs 15th June 2018

Last price@304.90

Not Holding above 307 - again for the first half - not interested in buying. next support could be 304 - below 304 -it could be 300-301 where we will see for support if happens for upside opportunity.

Jun 15, 2018

Trade active

12:27 Hrs 15th June 2018

Last Price@304.75

Recent Low@ 304.10 --- Trying its best to turn above 304 as suggested half an hour back.

Jun 15, 2018

Trade closed manually

Thanks