AbhishekHSinghCMT
Short

Tatasteel- Can It Become Mr. India? Expect Fall Below 355 to 300

NSE:TATASTEEL   TATA STEEL LTD
Extremely Powerful Pattern- Wedge about to complete. "Strictly" this view is valid only below 355 level- Downside Target- 337/328/312/300. Thanks
Trade closed manually
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
https://twitter.com/TalksWave

Comments

Shorted at 356. Got good profit!! ThankYou.
+5 Reply
Can it reach around 461 - 462 as it has broken last 6 days range?
+2 Reply
AbhishekHSinghCMT Mahesh-Kumar
@Mahesh-Kumar, 461 is too far. stock is good for a long run but short term will face resistance here in 350-355 zone. Only above 355 -it can push upside
Reply
Mahesh-Kumar AbhishekHSinghCMT
@AbhishekHSinghCMT, Thank You!
+3 Reply
sachinnagpal1982 AbhishekHSinghCMT
@AbhishekHSinghCMT, hi mate, your calls are awesome,I tried this for the first time it took my stop loss of 355 then went down, unfortunate. Keep doing the good job, looking forward to to your next analysis. Thanks
+2 Reply
AbhishekHSinghCMT sachinnagpal1982
@sachinnagpal1982, I said you should not trade above 355 -clearly mentioned so how you can allow your stops to get hit
Reply
sachinnagpal1982 AbhishekHSinghCMT
@AbhishekHSinghCMT, I took position at 353, then it went up and crossed 355 so my SL triggered. Did I miss something?
+3 Reply
vamshijayachandra sachinnagpal1982
@sachinnagpal1982, @AbhishekHSinghCMT
I also have followed a similar strategy. Sold@353.20(when It came below 355) and my SL triggered@355.50. My lesson is I was very conservative with the SL and should have kept my SL@357 that would have resulted in a profitable day by EOD.

BTW @AbhishekHSinghCMT Thanks for your YouTube video ideas and appreciate the way you explain the topic. If there is one thing I learned, "DONT TRADE PATTERNS, Trade PRICES".. Love your ideas on Twitter and your enthusiasm. Keep it going.
Reply
SShivamurugan AbhishekHSinghCMT
@AbhishekHSinghCMT, Look Like it will touch 360 and reverse .. limited Downside as of now if it not breaks 325.
Reply
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