Sniper-Traders

TATASTEEL : Booked a profit of 14.49% on the invested capital

Short
NSE:TATASTEEL   TATA STEEL LTD
Market is in a key inflection level. So decided to book profits and then have some cash positions around. There is a higher probability for a sell-off to hit the market as per the technicals and I feel that it is advisable to have some cash positions around if that happens.
Will consider a re-entry if price falls back to the low of the channel line.

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