Tata Steel may come back within positive channel and thought still trend is positive there could be opportunity for shorting for few points maybe 25% width of channel.
Be careful the correction is not 25% of 722 it is 25% of width of channel.
Be careful the correction is not 25% of 722 it is 25% of width of channel.
Note
Target AchievedNote
50% retracement doneNote
If one has a position may trail SL, now this is a NO trade zone, one may long carefully
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.