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Help for Tata Steel Future

 
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Author Help for Tata Steel Future
shrikanthiyer
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Joined: 18 Oct 2010
Posts: 20

Post: #1   PostPosted: Tue May 20, 2014 2:03 pm    Post subject: Help for Tata Steel Future Reply with quote

Hi Rita,
I am short in Tata Steel future at 441 was not able to square off intraday y'day can u suggest best stop loss or shd I exit at CMP...

Thanks
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rajmohanmbamhr
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Joined: 13 Oct 2011
Posts: 444

Post: #2   PostPosted: Wed May 21, 2014 3:01 am    Post subject: TATA STEEL Reply with quote

TATA STEEL

H & S break out.

Price Shot Up in upper side inevitable in long term as long as its trades above 420
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mikky
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Joined: 16 Feb 2014
Posts: 1442

Post: #3   PostPosted: Wed May 21, 2014 8:23 am    Post subject: Reply with quote

TATA STEEL broke out from multi-year resistance but not able to cross 480. It came down after touching 480 to 467.

Not sure whether you can hold or not but if possible hold it with SL of 480 with following targets

SL 480 TARGET 454-448-431.

Market may come down today and tomorrow, so hold it for getting out @ better price.
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mikky
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Joined: 16 Feb 2014
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Post: #4   PostPosted: Wed May 21, 2014 2:30 pm    Post subject: Reply with quote

mikky wrote:
TATA STEEL broke out from multi-year resistance but not able to cross 480. It came down after touching 480 to 467.

Not sure whether you can hold or not but if possible hold it with SL of 480 with following targets

SL 480 TARGET 454-448-431.

Market may come down today and tomorrow, so hold it for getting out @ better price.


TATA STEEL made a low of 459... are you still holding?
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