Is wave -ii done at day's high@417. 50 -Kissing closer to the box which was shown in previous update shown below
Dropped from the box in today's session & made day's low@411.50. Can it continue down?- short term trade if taken book profits & we will comeback again.
Click the chart
Related Analysis of TataSteel attached for reference
Transaction en cours
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14:44 Hrs 29th Nov2016
Last Price@409.50
32 bucks back 2 back in Tata Steel- isn't that amazing.
Transaction en cours
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10:40 Hrs 30th Nov2016
Last Price@406.50
Likely a bounce could be expected in the range 410-411 so look to book profits in sells- if you are holding the same at current levels.
Transaction en cours
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12:35 Hrs 30th Nov2016
Last Price@412
Boom - Bounced as expected from 406-407 zones.
Transaction en cours
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12:41 Hrs 30th Nov2016
Last Price@414
We got the candle as shown in oval. I love green candles - jumped as expected from 406- 411+
Transaction en cours
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10:35 Hrs 1st Dec2016
Recent High@418.50
TS could fall again to 405-406 zone as the gap has acted as resistance -I was expecting little upside to 420-422 zone, but it seems TS is in hurry for downside.
Commentaires
VadivalPranchi
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going to buy 400 pe around 420 spot ?
WaveTalks
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@ajayww2, 418.50-its top for the day- did you buy 400pe
buddhas
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@AbhishekHSinghCMT, @AbhishekHSinghCMT, Bro@this time i feel the downside target is big when it breaks 397. My target would be 368 and 351
@nirav5, Not here -likely it will attempt to go in the gap zone which happened while falling from 441 to 380 --roughly zone of 421-423 could kiss & if holds then putting stops of recent swing high one can take sell positions.