Tata Motors: Chart set up & trading strategy

Tata Motors
455

- On the downside 435 / 415-420 are important support levels

- On the upside 485 / 500-510 zone are important resistance levels

Given the set up, a Short strangle strategy may be considered for January 2022 Series

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