Tatamotors - May 3rd Day Trade!

TATA MOTORS LTD.NSE

Description

⋅ May 3, 2017 2:25 AM

Buy above 451 with the stoploss of 448. Targets are 455, 459 and 462.
Sell below 448 with the stoploss of 451. Targets are 444, 440 and 437.
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 3rd May 2017 only.
This analysis is based on 1. Support/resistance level 2. RSI 3. Dow tenet "Lines indicate movement".

Trade active

⋅ May 3, 2017 6:29 AM

Long @451 after 10 am

Trade closed: stop reached

⋅ May 3, 2017 9:48 AM

Comments

Jitesh_Motwani

⋅ May 3, 2017 3:40 PM

princess your trade closed cos u didnt saw the news the news was bearish for tata motors because their sales fell.....

vanathi

⋅ May 3, 2017 3:42 PM

@Jitesh_Motwani, It happens.

dravya

⋅ May 3, 2017 11:16 AM

JLR Sales data interfered with price action.

Jitesh_Motwani

⋅ May 3, 2017 3:41 PM

@dravya, Yes bro LOL didnt see ur comment first

InsiderB

⋅ May 3, 2017 3:42 AM

You were early by an hour,I thought of posting it... now dropped the plan :D

vanathi

⋅ May 3, 2017 6:29 AM

@InsiderB, For same target, exit and entry every trader's view differs. You should have posted it :)

InsiderB

⋅ May 3, 2017 6:30 AM

@vanathi, just kidding !

vanathi

⋅ May 3, 2017 6:32 AM

@InsiderB, I know. But here some traders are thinking same view means one person is copying another :)

InsiderB

⋅ May 3, 2017 6:37 AM

@vanathi, yep