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avito123
Sep 22, 2018 3:00 PM

TATASTEEL Long

TATA STEEL LTDNSE

Description

Buying and shorting opportunities at fibonacci levels based on days opening price
rest details mentioned in chart

sell below 623
buy above 626

Trade active

short trade active

Trade closed manually

booked at 614

morning trade done will wait for evening session now
Comments
avirrathi
there are two big news of tata steel
1.gdr down by 12% on rumors or inside news about the joint venture with thyssenkrypp
2. purchase of steel unit of usha martin
How the share price of tata steel will react on these ground?
Allmost every one knows how crucial will be the opening gap up or gap down
avito123
@avirrathi, we saw what rumours can do to a market in the friday session itself....so i always stay away from them...
will be bullish today if opens above 50% fib levels
avito123
@avirrathi, for 30.6.18 end of quarter sales increased up by 4% and company also had a net profit after tax of around 1500 crore...#addup....so overall bullish
avito123
@avirrathi, negative gdr on friday maybe because it remains volatile and illiquid
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