Shorting opportunity in TATASTEEL

2017年12月5日

Prices trending in the declining channel. MACD and RSI are on a downward trend. PSAR is also about to reverse in favour of bears. TATASTEEL Looks weak below today's closing price. Safe-traders can short below today's low of 671. SL as per your risk-appetite :)

2017年12月6日

交易开始

CMP 662

NSE:TATASTEEL opened gap down. Sell on every rise..

2017年12月6日

交易开始

Closing Price: 667.6

After a gap-down, it has formed a doji-like candle at EOD. Tomorrow would be an interesting day!

2017年12月7日

交易手动结束

Closing price: 688

Very strong bullish candle seen. Hence closing from my side. But it would still be worthwhile watching if the price movement remains in the channel - in which case, there is still hope for a downside.

2017年12月8日

注释

Closing price: 697.8

After breaking the declining channel upwards, it closed inside the channel. Bears still have hopes...

2017年12月14日

注释

Price is neatly falling in the downward channel! Good going bears :)