OPTIONPREMIER

steel authority of india now what

Long
NSE:SAIL   STEEL AUTHOR INDIA
bat harmonic pattern completed at point d. although stock gapped up at .886 levels but could not sustain and fell. now as a rule after completing pattern stock can fall till or retrace till 50% and bounce back again as we can see with fibonacci so keep stop loss of 67 to 68 only if you are already in the game or for fresh long keep stop of 67
trade at your won risk
Comment: good bounce
Comment: GREAT BOUNCE
Comment: great profit
Trade closed: target reached

Comments

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