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
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
