TATA STEEL LTD
Short
Mis à jour

Sell on Rise , Revised Out Look

511
This one i was expecting an reversal , but the way they dropped , its not good sign , they might be going up for short covering , but for sure i am not interested in buy anymore , i will be looking to sell on rise with reversal in sign
Note
Made low as per our views 494, buying is not Good option , One can look for sell on rise
Transaction en cours
it seems its slowing down , look for entire daily candle reversal in case you want to enter for this short range buy , for me NO buy , i will look to sell only on reversal
Note
Yes slowly it started moving upside as per forecast , it bounced exactly at 494 which was our possible bounce area , now we are not in Long , You know why , we like to trade in the direction of stronger trend i.e down side , so let the price move then with reversal sign near 555/560 we will go short
Note
Made high as 539.00,
Note
Made high as per forecast 553.55 , now humble request do not go short until you see 1 Hour bearish Full range candle if you see wick wait for pull back then take short , i received some message asking weather they can go short , please wait for bearish confirmation
Thanks
Note
Hope you Guys have taken best short sell , we are in the trade form today at 550 we are not trailing our stop to brake even , i am still not convinced the drop it has made ,
Note
Exited on brake even , steel news and Iran deal talk is about to take , All Shanghai and London Metal exchange have booming

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.