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VKTheIndianTrader
Aug 15, 2021 3:20 PM

TATA Motors - Long Target - Aug Expiry Long

TATA MOTORS LTD.NSE

Description

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
Hotstocks009
Bought at 307, what to do.
VKTheIndianTrader
@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
Hotstocks009
@VKTheIndianTrader, Yes, realised my mistake, I was advised above 308.8, for entry, so booked loss and exited. Thanks
VKTheIndianTrader
trade not yet activated
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