Niftyadviser

re-entry short sell in TISCO

Short
Niftyadviser Updated   
NSE:TATASTEEL   TATA STEEL LTD
2
Hi,

Sell re-entry recommended yesterday can now hold the position with revised SL of 424 on closing basis.

Yesterday we recommended selling TISCO when retail traders get out of their short sell position in the spike. As expected spike occurred up to 424 and don't hold our SL on closing basis so those who are in selling can hold their position with SL of 424 on closing basis.

Remember its a lucurative Risk Ratio in this trade atleast 1:3.

Comment:
Advice sell near spike around 417 with SL of 424 on closing basis. First target achieved today.

Book half profit and trail rest now with SL of 420
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