TATAMOTORS... JAI GANESHA

Om Ganesha Namah!!

Today chaturthi day n venus is back.... Venus will give strength to auto sector lets see #Tatamotors

Tatamotors a high beta momentum stock played from 300 -590 on every step.... at 590 expected dip n added on dips..played nhit all tgt till jan 2017..

Holding some longs of 505/ 448 range... last 2 month we saw volatility of this counter is flat consolidation .... as avg move per day is of 20 pts from top to low pt of day ... in last 2 month it shrink...

Now what is stored.. stock Rsi reaching to bottom and price us retesting the breakout from trendline....

So 448 is support for timrbeing n below it 430

Tatamotors as in rectangle box ..expected to touch Trendline n move up for 480/540/580/640....
In 26 days- 540 in 65 days 640 (Equity only)

Futures if any1 enter 450 may good with hedge of 450 apr put ... so if dip come 445/440 book put 450 n shift in 440.. this can b done at every strike so small profit from puts will b booked ..on bounce back of fut ..there will b profit frm fut also profit of put in hand..

Options some May 500ce n april 480 ce csn b played wid calculated risk

Jai Ganesha

FOR STUDY PURPOSE ONLY ... FOLLOW SEBI GUIDELINE GOR TRADING N INVESTING

Tomorrow 13APR/17 BANKNIFTY EXP DAY MOVEMENT N BTST 21609CE/ 22k ce 27apr

Om namo narayana...

Today all rocking Banknifty ysday told to bk 21730 n today down till 10.30 am hit all levels 21620/580 9197/70 with strategy also discussed 21600ce current exp near 21620 +\- 30pt ... it moving double...

Todays level here - http://denimnifty.blogspot.in/2017/04/12apr2017-nifty-banknifty-21600ce.html

Now 21811 expected

Lets see whats stored for tomorrow..

Opening above 9220 n 21675-700

INFY RESULT DAY SO nifty may remain rangebound..lets see more bn

Till 1.30 pm mkt up can go 21730/840/910 n 9245/65

1hr sideway down 50-65 pt between 1.30-2.40pm....

Last hr 2.40pm onward day high close bn

Strategy is today given 21600 n 22k for today 12apr n 2morrow...

Tomorrow after 2.35 pm small fast play good bn 50-80pt up

FOR STUDY PURPOSE ONLY FOLLOW SEBI GUIDELINE IF U TRADE