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i fo short on tcs @ 1195 for STBT CAN I GAIN PROFIT ? |
baveen
White Belt
Joined: 07 Oct 2010
Posts: 1
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Post: #1  Posted: Thu Apr 21, 2011 11:42 pm Post subject: i fo short on tcs @ 1195 for STBT CAN I GAIN PROFIT ? |
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| i go short in last minutes on TCS@ 1195 CAN I GAIN PROFIT KINDLY SUGGEST ME |
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chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
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| Post: #2 Posted: Fri Apr 22, 2011 11:42 am Post subject: |
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a good bull run happened in TCS up to 1245.8 , but didn't crossed 1246.95, so it could be called double top for short term. if it go down below 1170 it could have sharp fall.
now levels for monday are above 1196 it can test 1213 above 1213 a good short covering bounce can happen, below 1191 it can fall to 1176 1163 1157 1139. your strict stoploss should be 1213. |
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