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NavDeep_Charts
Aug 6, 2018 8:46 AM
Short/Write CEs
Short
NSE:TATASTEEL
240
TATA STEEL LTD
NSE
Description
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Aug 6, 2018 8:46 AM
06-08-2018
Sell 600+ CEs, CMP - 556, Downside target 500, SL 585
Trade closed: stop reached
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Aug 9, 2018 8:48 AM
Wave Analysis
Comments
Rajesh_R
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Aug 7, 2018 9:48 AM
Hi, It just broke out the the supply line, does this analysis still holds good for downside target of 500? Thanks
NavDeep_Charts
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Aug 7, 2018 10:11 AM
@Recrajesh, 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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