Tata Steel
Updated
Trading at the top of the longterm downward trend line from 2011 TATASTEEL form a bearish butterfly at the top of trend line in the last 3 months price action.The stock can be shorted here as Risk reward ratio is very very low.Actually the idea was from Mr.Neteesh Jain who mistakenly quoted it as a long.
Thanks to Mr.Neteesh to Identify a good trade.
Thanks to Mr.Neteesh to Identify a good trade.
Note
Trade active
Trade active with a stop loss of 485-490Trade closed: stop reached
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