VKTheIndianTrader

TATA Motors - Long Target - Aug Expiry

Long
NSE:TATAMOTORS   TATA MOTORS LTD
TATA Motors - Long Target - Aug Expiry

Why Long

Trading above 20 Days EMA one hour time frame
Support from RSI
Trendline breakout with volumes
less volume at current level on selling
Good consolidation at current levels near Fib 38% level
Comment: trade activated on short side

Comments

Bought at 307, what to do.
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VKTheIndianTrader Hotstocks009
@Hotstocks009, hi you bought little early before the levels of 311. trade activated on short side. pls exit at 300-302 once it is retraced. reenter after levels are crossed on upside
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Hotstocks009 VKTheIndianTrader
@VKTheIndianTrader, Yes, realised my mistake, I was advised above 308.8, for entry, so booked loss and exited. Thanks
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trade not yet activated
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