Tuesday, October 12, 2010

Tata steel 5500 on 1 lot in 1 session

Call Was Tata steel trading at 20 DMA .. . above it Bulls are in power and below it bears will win ...big volumes are indicating that bulls were on back foot ...in  such cases trade according to market trend ...means above 636 spot  buy it  and below 634 spot trade short on it ...trade with stop loss ....its futures levels ....

<<<624>><<631.10>>><<638.10>>><<<<642.00>>>><<<<644.90>><<<647.90 >>>>650.45>>>
11points in tata steel trade   500 x  11 = 5500