From Previous Update---"Tata Steel-Killer Top@34.50"----Tata Steel...slips from 382--383...as expected ....to lose only 2 Rs as Risk with stop above 384.50--Our Killer Top....
It Indeed is favouring the idea of Killer Top....
Currently Runnning at 375...Current Low-374.30.....7 Rs Down....Bang On... Now Look Left & Trade Right....There is previous resistance which could form current support---This is "Polarity Reversal Concept"----Resistance Turns into Support & Support Turns into Resistance....
Regards,
Abhishek H.Singh, CMT