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Tatamotors

Tata Motors: Chart set up & trading strategyTata Motors - Major Resistance around 500 zone - Major Line of Support at 376 - Minor Resistance around 462 odd levels - Minor Support around 418 odd levels ________________________________________________________________________________________________________________ Given the set up, my trading strategy: Short Strangle for April series Sell 28 April 2022 510 Call Option & 380 Put option Various situations have been taken care of... Strategy has a 9% ROI potential on margin requirement, giving a decent return potential as well as covers risk for a rise up to 518.65 odd levels on the upside and 371.35 odd levels on the downside. For more trading ideas like these Like & Follow Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:TATAMOTORS
by indiamarketoutlook
Tata Motors - Long OpportunityLong Opportunity - Tata Motors has moved upperside last Tuesday, so there were chances that this stock will either hold a position in this range or may come down. So, on Wednesday it slightly come down and went sideways. The stock has closed at the level where it has opened on Monday. If it opens a gap up or flat there might be chances that this will go up. If it crosses the level of Rs. 436.40 then this will give a target of Rs. 447.00. Happy Trading!
NSE:TATAMOTORSLong
by sayenpure