Tata Steel--Trade with Channel.....

Tata Steel ---if breaks the channel...downside ...there is leakage ...so don't go long ....going longs will be advisable only above previous swing high@382.50....or if channels get broken downside then 360--362 can be the target zone...

Go long if it starts moving above 382.50....but be careful...it could go till 384.50 --make double & fall....think with lightening speed yourself...

One can take buy call at current levels with recent stop....which is always risky...you can get or it can fail....

Regards, Abhishek H.Singh,CMT

Trade active:

12:10 Hrs--IST--10th Aug2016... The Channel Leaks....Makes new low@268.15...Regards

Trade active:

14:15 Hrs--IST--11th Aug 2016----

Bang On...Tata Steel...It kissed 360--362 zone......Awesome...........

Regards,
Abhishek

Comment:

Target Done--TS kissed 360-362. Regards, Abhishek