NeeteshJain
Long

TATASTEEL & SAIL FACING RESISTANCE

BSE:SAIL   STEEL AUTHORITY OF INDIA LTD
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


Trade active
Comment: Kindly note that I have mistakenly marked this trade as "Long" in the status but the targets are given as per the shorting it. Regards
Trade active: Reaching to the Targets
Trade closed: target reached

Comments

It is short. We read it. No probs.
+1 Reply
@vanathi, I appreciate your understanding. Thanks, Regards
Reply
Dear Neetesh
Don't close the trade because of Long trade is active with short
https://in.tradingview.com/chart/h2E11WzR/
Reply
@ajayww2, It was short trade and mistakenly marked as Long. As you could see in the chart drawing that I have mentioned downward arrows to indicate the fall from the upper trend line. Regards
Reply
ajayww2 NeeteshJain
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out