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Trading_hawk
Sep 28, 2021 6:26 PM

Simple Trade Setup | TATAMOTORS | 29-09-2021 [INTRADAY] 

TATA MOTORS LTD.NSE

Description

NSE:TATAMOTORS

Trade Setup for Date 29-09-2021:

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.

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 respsective level considering how price action works near that level.

Trade active

Comments
saurabhbakliwal1001
Pl advise for Wipro,Hindalco and powergrid trade levels. What to infer when Global markets are closing big negatives? for all calls and levels.
Trading_hawk
@saurabhbakliwal1001,
Are you looking for intraday or positional?
saurabhbakliwal1001
@Trading_hawk, option trades for sep and powergrid for oct exp
Trading_hawk
@saurabhbakliwal1001,

For Wipro , 630 and 635 are critical support you can take buy position if it bounces from there.

Otherwise below 630 it will be bearish till 610 level.
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