4 tails at the value high with one excess and 2 tails found at the value low with one excess. The presently fromed tail is not at excess but its a breakdown channel.
Remarkable points, recently created tail has enough shadow as comparted all others.
Therefore, Possible to fall more OR create a series of tails.
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BUY TATASTEEL 460 nearby stoploss 457 and targets 482-592 equity. Buy more and More dip.
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Still wait for tata steel... buy only if cross above 461.5 OR if you already entered .. then exit with few loss
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Just wait for TATASTEEL.
Trade closed manually
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We are a little bit missed TATASTEEL because of the breakout point. I got learning from this research and I hope you got it...
I think if Tata steel 455 price level break than possible 445-441 it will come.
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@alfaz, yes that's why I closed the call. Actually, I always accept failure and learn from it. The main reason to fail on TATASTEEL is that Yesterday I was finding a stock which meets my trade strategy. It was too late yesterday night. I have seen tatasteel meet but the problem with two red flags of my strategy which are 1) BreakDown from the channel and then 2) created a small shadow TAIL.