1st January Intraday Strategy for TATA MOTOR

Overall this stock is Bullish Mode. It creating all time high.

For Intraday -

30 min chart- After a good rally it create a bearish candle at30 December.
15 min chart- Resistance at 800. Price is under the VWAP and can't cross or break 785.85

Intraday Support :769.10

If market open at side base you can wait for a support at 769.10 and find any bullish signal for buy.

If market open at below 769.10 then we will find a resistance at 769.10 . Also price should be trade minimum 15-30 minute between 770-764 .Then you can take a short position at 764 wth Stop loss of 771.


Ask me anything on chart.

Thanks
Kaustav Hazra