Tata Steel--Short Below 377-376...Tradline Break..

Aug 8, 2016

TS once starts going below the rising trendline & sustains below 376--377....It will confirm that It wants to go down...well ....There is a risky call as well but someone who can take the loss of amount equal to current high--384.50 & Above ---which is our killer top--they can take short between ...382--383...losing 2 Rs or gaining big...below 377--376 zone....

Regards,
Abhishek H. Singh, CMT

Aug 8, 2016

Note

sorry for typo again---"tradline"..

Aug 9, 2016

Trade active

14:20 Hrs--IST--9th Aug 2016----Killer Top@384.50 .............Strikes.............Tata Steel makes a low@374.30...Currently Trading at 376....Regards, Abhishek