TATASTEEL Rounding Top Breakout And Retest Short

TATA STEEL LTDNSE

Description

⋅ Apr 23, 2019 12:44 PM

TATASTEEL has formed a rounding top and broke out below with good selling .
Can go short on pullback or at CMP with stop loss of 535 .
Targets for next support level of 510

Trade closed: target reached

⋅ Apr 25, 2019 9:49 AM

Comments

bgmungekar

⋅ Apr 30, 2019 2:15 PM

Wow, stock came down to 510 level as you had predicted, now what do you feel will it convincingly break 560?

piyushrawtani

⋅ Apr 30, 2019 2:56 PM

@bgmungekar, looks strong with good buying last 2 days with good volume. If closes above swing high then can expect more higher prices.

bgmungekar

⋅ Apr 30, 2019 4:16 PM

@piyushrawtani, agreed