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Tatamotorsneutral

Simple Trade Setup | TATAMOTOR | 30-09-2021 [INTRADAY]NSE:TATAMOTORS Trade Setup for Date 30-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:TATAMOTORS
by Trading_hawk
1
TATA MOTORS - Accumulation ZoneTATA MOTORS - is a Tata group flagship company which has investors sitting on heavy notional losses fundamentaly the company is on right path with Investments into EV, new launches & divestment of JLR May 2004 - low of 59.35 - marked with Flag July 2004 - low of 62.95 - marked with Flag May 2009 - low of 48.80 - marked with Flag July 2009 - low of 50.30 - marked with Flag Current resistance stands at 73.7 - 75 levels - marked with red line with this many support zone a sl of 46 can be considered to accumulate Tata Motors, slippage below 46 opens door for 20-24 levels NOTE: One should consult their financial advisor before making any decision to buy or sell equities
NSE:TATAMOTORS
by SumukhK
1