TATA MOTORS || SIMPLE INTRADAY TRADE SETUP FOR 30-07-2021 Long

TATA MOTORS LTD.NSE

Description

⋅ Jul 29, 2021 12:29 PM

NSE:TATAMOTORS

Today, it has broken the trenline with gap up and sustain above it.

And it is moving good in range for intraday easy trade on either side.

All the levels are marked with line on the charts.

Judge the price action and take trade from any level on either side (sell or buy).
From my point of view it looks bullish now.

Do comment if you have any doubt or suggestion. I will try to respond ASAP.

Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.

Comments

rvtradesetups

⋅ Jul 29, 2021 6:07 PM

Auto index at support level.. Good buying seen in the support. This will be the last session of the month. In coming days auto sales data will be out. So I too think auto stocks can go up.

Trading_hawk

⋅ Jul 29, 2021 6:08 PM

Hi @rvtradesetups,

Thank you for your insight.
Appreciate.

sachingadade

⋅ Jul 29, 2021 2:56 PM

Does it help that their vehicle prices are going to increase and thereby increase in revenue?

Trading_hawk

⋅ Jul 29, 2021 3:29 PM

@sachingadade,
I am not fundamental person.

As an intraday trader, just making strategy and level for price action for each day to make money on either side of the move.

Trading_hawk

⋅ Jul 29, 2021 1:35 PM

it could be possible.
my personal view is bullish

ASIFKERIM

⋅ Jul 29, 2021 1:28 PM

Bro, 297.65 touch down possible