Trader's job is to wait for an opportunity that can deliver explosive profits. Hence, this is a business of patience (waiting for a good opportunity). Few good trades in a month are all that one needs to make big bucks. Trying to trade every small move (read overtrading) only leads to underperformance, frustration and stress. The goal is not to trade often but trade well.
Trader needs a different mindset for this - Patience, and Boredom
Tata Motors
Tata Motors gave a breakout above 287 as discusses in previous post, rallied till 314 which was trendline resistance and pulled back. Stock is trading in its channel breakout comes either above 315 or breakdown below 303.
Intraday and swing traders can use the below mentioned levels:
Buy above 310..
Continue Trading
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