Simple Trade Setup | TATAMOTORS | 15-09-2021

TATAMOTORS

Observations:

1)On Daily Time Frame: It has already crossed 50DMA level and 305 resistance level. Now it is aiming towards 310 next resistance level and 100DMA, which is places at 311.48 level.

Please refer below chart : Daily time frame.
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Trade Setup for Date 15-09-2021:

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.

Please refer below chart for levels.
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Hope I made it easy to understand it.

Do comment your doubt or suggestion.

Note: Trade with Strict SL.
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