GauravSaini

Positional short in tatachemical 9april

Short
NSE:TATACHEM   TATA CHEMICALS
Tatachemical cmp aaprox 723, short @723 with stoploss above 731 spot.
Trade trgt will depend on market conditions price movement going forward


Plz do proper risk assessment before initiating trade
Do Not overtrade

Positional trades carry huge overnight risks

All prices are spot

Trade closed manually: Trailing stop loss hit at cost,earlier profits booked at 713 --a profit of 10rs

Comments

trailing stoploss in tatachem short is now placed at cost that is 723 spot
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Tatachemical cmp is approx 714.5 low made so far s 712.3 ...711-713 spot is a decent support .....break of it can take stock to 700 levels ,holding 711 stock would likely move towards 725-730 zone
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