TATASTEEL & SAIL FACING RESISTANCE
Updated
It is been observed on the Daily chart that the price action trending up in a channel and now facing resistance on the upper trend line, indicating selling pressure. Now, it shall correct a bit from current levels before further moving up.
TATASTEEL
Target: 458
Stoploss: 468
SAIL
Target: 58
Stoploss:60.50
TATASTEEL
Target: 458
Stoploss: 468
SAIL
Target: 58
Stoploss:60.50
Trade active
Note
Kindly note that I have mistakenly marked this trade as "Long" in the status but the targets are given as per the shorting it. RegardsTrade active
Reaching to the TargetsTrade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.