Tata Steel: A Bounce to be caught

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503-506 has been acting as nice support zone
Try long with SL at 504 with Target up to 520 level.
Try lower time frame chart for better entry near 509-510
Try pullbacks.. refer

Never feel shy of accepting when you are proved wrong.
Dun risk more than 1-2% of your capital in a single trade.


On Lower timeframe.
Comment: Plz. note that its a highly volatile stock so manage your risks carefully.
Comment: One should carefully observe how the stock would behave if it reaches near 515 level.
Trade closed: stop reached
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