TataSteel- A throwback to rest on falling trendline

WaveTalks Updated   
There is a throwback from the day's high@363. 95 to 359.70 - likely it is taking support at the channel which was breached early in the day & made a high@363.95

Trading Strategy - If TS crosses 364 - we should get the next buying opportunity for target zone 367 & beyond 367 for 371-372

There is a risky trade for the day as going longs at current price-360.50 with day's low@354.90 as stop Target -367 & 371-372 as above.

Trade active:
13:35 Hrs-IST-19th Sep2016

Don't buy the risky -if you want eliminate some more risk & buy in the range of 356-357 with day's low as stop mentioned above
Trade active:
14:00 Hrs-19th Sep2016 - What's Happening in TS - Trading at 361.50
Trade active:
14:05 Hrs- 19th Sep2016 - Never hurry in a trade thinking that you will lose-its just a fear of losing but if click properly -you will be more excited so try to either close to lows bet 356-357 with strict stop below day's low or above 364
14:25 Hrs-19th Sep2016

Markets are so dicey for the day- just moving between 8820-8800
Trade active:
12:45 Hrs- 20th Sep2016

Bang On Target

Reached the Double Target Above 364 - Day's High- 370

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle

Telegram Handle

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.