SRIKANOMICS
Short

Avoid Tata Motors

NSE:TATAMOTORS   TATA MOTORS LTD
We have seen huge buying in last week but seems like a Bull Trap. Avoid TataMotors.
Trade active: 129 to 122
Trade active: 113

Comments

Nice analysis !!

will it fall below 110 in October
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Very decent call. There are few folks in my circle who car calling for auto meltdown since last year.

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I have invested heavily on 100 PUT and couldn't exit. Will it go near for Sep Expiry ?
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SRIKANOMICS Dreamerjoshi
@Dreamerjoshi, Hi , May I know how many lots you are holding and at what price? Please let me know so that I can suggest when to exit to avoid capital loss.
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Dreamerjoshi SRIKANOMICS
@SRIKANOMICS, Don't know why the reply didn't got post yesterday.. I have 6 lost with an average of 2 rs... after that I lost the ground...
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SRIKANOMICS Dreamerjoshi
@Dreamerjoshi, Very sorry to hear this . Your total Investment is 36000 in this trade and current value is 4500. When you have invested 36000, max risk should be around 4000 but not more than that.

Remember, if you are thinking that it will go towards 100, then you should buy 120 , 130 or 140 put but not 100 put. I don't know you followed some advice somewhere , but this is not the way to trade. I sincerely request you to trade cautiously with your hard earned money and don't follow someone blindly.

If you have analysed yourself and did this , then you need to change your way of trading.

Bottom Line - It will hit 100 it may not happen in September Expiry. May be by mid of October Your premium will be zero if this the case. Saving capital is way more important than booking profits. You may close the trade early and find another opportunity if you have capital. If capital itself is gone, with what you can trade again?

Decision - Take out the trade immediately and save this 4500. Otherwise, if you are willing to loose this 4500 aswell by risking this and waiting for some miracle to happen, you can wait.

Harsh Comments - Why do you even trade in these types of calls and lose your capital? If you have free money, go and do charity.
Where is the Stop Loss? - Trading without SL is like having Drunk President with a Nuclear Bomb botton under his desk.
You should calculate your risk and reward ratios before doing any trade.

Please focus on learning. you might be taking time to learn but do learn before doing your trades. If you need any assistance, let us know.

Best Regards,
Srikanomics Team.
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Dreamerjoshi SRIKANOMICS
@SRIKANOMICS, Thanks for guiding me perfectly! Yes, I was dragged by myself!! Will look at your next calls and try if I can recover from this loss.
Thanks again for true inputs!! Seems it came from your great knowledge and heart as well!!
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will it go down now it is now 129.55?
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SRIKANOMICS UnknownUnicorn2321966
@UnknownUnicorn2321966, Hi Tushar, yes. It will go down. September sales reports will be available in First week of October and we see a sharp decline. Also Q2 will be bad for Tata motors.
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@SRIKANOMICS, thanks
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