Tuesday, April 29, 2014

Tatasteel and Voltas hit the target with the bang !

Tatasteel:
It was observed that TataSteel short term top was made at 431.90 and may correct henceforth. Below possible trade was identified:

Breakdown below 425 (in 1 hr chart), tgt 1 - 417.35, tgt 2 - 405, SL 428.85

Tatasteel was able to reach to both targets.

Voltas:
It was observed that Voltas short term top was made at 176.45 and may correct henceforth. Below possible trade was identified:

Breakdown below: 163.30, Tgt 1 - 157.70, Tgt 2 - 144.45, SL - 167.10

Voltas was able to reach to its first target and may reach to its 2nd target as well.

RCOM: SL hit today but during last hours of trading again broke below 131.35. Let's see what is next

PNB: Didn't trigger today.

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