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Sunday 9 April 2017

Tata Steel Update

Tata Steel moved on the expected line and as it was indicated well in advance that if Tata Steel doesn't able to sustain the level of 509  then it would be a good shorting candidate. On Friday ( 02/04/17) it made a high of 506.35 and from there it slipped towards our first target of 489 ( made a low of 490).
Those who made short positions with us on Friday are enjoying good profits. Now trail the trade with same SL and carry forward the trade for  further targets.

 

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