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
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Short @ 444 after 10.45 am
Trade closed: target reached
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Trade closed at second target.
Comments
anadiKiyosaki
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Hello Mam, Can you guide me on how to do intraday trading with such a high speed ? which trader platform you are using currently ? Thanks for your reply!
vanathi
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@anadiKiyosaki, If intraday trading seems super fast for you, what you will tell about scalping? I use NEST platform.