I-Fund-Trader

Sell on Rise , Revised Out Look

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I-Fund-Trader 已更新   
NSE:TATASTEEL   TATA STEEL LTD
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
评论:
Made low as per our views 494, buying is not Good option , One can look for sell on rise
交易开始:
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
评论:
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
评论:
Made high as 539.00,
评论:
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
评论:
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 ,
评论:
Exited on brake even , steel news and Iran deal talk is about to take , All Shanghai and London Metal exchange have booming
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