Tatasteel - Buy if 5 min close> 346.05 ONLY

Updated

Buy if candle close above 346.05 only

Short if closing below 344.2 Only

Sl:2 Points
TGT: 4+ Points

Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering.

Note

No trade active yet.
Either side it breaks it will go into deep that side.

Will wait.

Mostly it seems a sell side - awaiting confirmation - but patterns show a fall

Note

Still not entered short - since not a good close.

I have given a SL sell order @ 343.85 (incase of breakdown)

Trade active

Shorted 1 lot fut when spot was 343.85
Strict SL 346 (2.15 Points only)

TGT:340 around

Trade closed manually

Exiting @ CMP 345
(bearish momentum reducing)

Awaiting for long oppourtunity above 346.05 only

Note

1.25 Point loss

Note

Now near tgt, however I dont stick to a trade where the momentum to my side is gone - so exit with a minimal loss, and when profits - make a good one..

theTradingSailor

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