Tatasteel - May 3rd Day Trade!

Updated
Tatasteel is nearing its long term support zone at the level 440 - 442.
Buy above 447 with the stoploss of 444. Targets are 451, 453 and 456.
Sell below 444 with the stoploss of 447. Targets are 441, 439 and 436.
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 3rd May 2017 only.
This analysis is based on 1. Support/resistance level 2. RSI 3. Dow tenet "Lines indicate movement".
Trade active
Short @ 444 after 10.45 am
Trade closed: target reached
Trade closed at second target. snapshot

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