naveendtc
Short

Short/Write CEs

NSE:TATASTEEL   TATA STEEL LTD
132 views
3
132 2
06-08-2018
Sell 600+ CEs, CMP - 556, Downside target 500, SL 585
Trade closed: stop reached
Hi, It just broke out the the supply line, does this analysis still holds good for downside target of 500? Thanks
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naveendtc Rajesh_R
@Rajesh_R, Yes, till it closes above 585, downside risk is intact..510-500 possible..the existing breakout looks to be a false breakout, lets c..
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