Simple Trade Setup | TATAMOTORS | 08-09-2021

TATA MOTORS LTD.NSE

Description

⋅ Sep 7, 2021 12:16 PM

NSE:TATAMOTORS

All the levels are still same as per previous setup.

Trade Setup for Date 08-09-2021:

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.

Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Comments

shahbazkhan979

⋅ Sep 7, 2021 5:04 PM

Awesome Analysis 👍

Trading_hawk

⋅ Sep 7, 2021 5:29 PM

@shahbazkhan979
thank you

saurabhbakliwal1001

⋅ Sep 8, 2021 4:05 PM

Unable to decide the trading side.. Aboslutely range bound.

Trading_hawk

⋅ Sep 8, 2021 5:44 PM

@saurabhbakliwal1001

Tata motors has been consolidating for long long time. good move on up side only on sustainable breakout of 300 level. in between on the mentioned level you can do scalping.