Tatasteel DownTrend Short
Short at 650
Reason :-
1. Shortening of Thrust
2.Break of Demand Line
3Price Below Weekly CPR
4.Swelling of Volume , AKA Capping of Market
5.Wave Structure change to Aggressive Sellers
6.Huge Effort(Aggressive Buyers) But No Result(No follow Through
7.Price below 55EMa and Making LH-LL
Reason :-
1. Shortening of Thrust
2.Break of Demand Line
3Price Below Weekly CPR
4.Swelling of Volume , AKA Capping of Market
5.Wave Structure change to Aggressive Sellers
6.Huge Effort(Aggressive Buyers) But No Result(No follow Through
7.Price below 55EMa and Making LH-LL
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