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
交易進行
14:44 Hrs 29th Nov2016
Last Price@409.50
32 bucks back 2 back in Tata Steel- isn't that amazing.
交易進行
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.
交易進行
12:35 Hrs 30th Nov2016
Last Price@412
Boom - Bounced as expected from 406-407 zones.
交易進行
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+
交易進行
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.