Tata Steel- Going Above 373- confirms the down leg from 395 done

Aug 28, 2016

Let us wait in the coming session, to get some clear market direction- once Tata Steel starts moving above 373- it will give us a clue that it wants to head upside or retrace the move which started from 395 Top in E.D. (Ending Diagonal).
Currently going below 368- we shall be open for the short downside move, but not looking much downside before it starts moving upside.

Regards,
Abhishek H. Singh, CMT

Aug 29, 2016

Trade active

in.tradingview.com/chart/LN98mugU/

Aug 29, 2016

Note

11:35 Hrs- IST-29th AUg2016-

Bang On Target. TS moves exactly from the lows of 367-368 -which I have been talking about since the last few updates.
Current Price- 373

Key Level - 367

Regards,
Abhishek

Aug 29, 2016

Note

11:40 Hrs- IST-29th AUg2016

Sorry for wrong chart of CEAT in the link above.

Regards,
Abhishek