Tata Steel-- Still top is not in place(Look for 382.50--383.50)

16 באוג׳ 2016

The price movement in Tata Steel is indicating at present moment that top is still missing as price has not gone below 360 in recent fall-which I was keen.

Trading Strategy- 1)Any Move Above 378.50...we should look TS to travel in the range of 382.50--383.50.

Trading Startegy- 2)Any Move Move above 384.50- One can look for the zone 389--390 & Above 390 ---target Zone shall be 398--400..

We shall now play for target zone 382.50--383.50...Wait for Market to give us signal for Trading Startegy -2.

Regards,
Abhishek H.Singh,CMT