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Singh_Siddz
Nov 14, 2017 12:21 AM

TATASTEEL Short

TATA STEEL LTDNSE

Description

The Stock is Trading in a Falling Channel and Trend is Clearly Negative.
Yesterday Took Support at Trendline.
Below Yesterdays low, The Stock will Try and Test the Down Trendline.
673 Pin Bar Support
Resistance 700-704
I will be Positive only when this starts trading above 705
Major Support 660-665

Trade active

Stock doomed once it broke the trendline and yesterdays low :)

Trade closed: target reached

Tata steel, Broke trend line Resistance. Went down till support mentioned and bounced from there to resistance :)
Comments
wasiabbas
should we buy tata steel for long term investment?
Singh_Siddz
Tata steel, Broke trend line Resistance. Went down till support mentioned and bounced from there to resistance :)
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