Tatasteel_sell
{TATA STEEL }: {POSITIONAL TRADE WITH EQUILIBRIUM ANALYSIS}
Every and any Trend has a Source and a Destination and the best way to Trade if from the Start Point of the Trend till the end of the Trend, (i.e till Destination Zone), Here we have Price created a Quarterly Source Supply and we have a Annual Demand formed which is the Detination of the Trend. Now Price reacted to the Quarterly Source Supply and has given a Downward COnfirmation in Monthly, So we luckily have a lot of time to succesfully plan this trade and enjoy the Returns with peace of Mind.
ENJOY THE RIDE ! ! !
TatasteelObservations for Time Frame : 5 - 7 trading sessions
Last Close : 323.85
Short term trend down
Sell below 322 ans also near 334 on rise
targets 314.2 (Strong bounce back zone)
breakdown below 313 Bears will be in control upto 303/297
Options Stretegy : 300 PE looks lucrative..
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