As was mentioned in my earlier post, the bias as of now is positive but you cannot see any major moves till it crosses 5660.
You can see that Tata Steel was able to make high of 374.6 when i was telling you it is reaching our 1st target. Since expiry is near and rollovers are happening, you may not see any major move. But right now, it is looking quite positive and attractive at this valuations.
Intraday and short term traders can book profits. Long term investors can stay invested. Now the move will be decisive after it moves above 380-390.
Market is in wait and watch and hence either do not trade or trade very small quantities and better don't keep any positions on hold.
You can see that Tata Steel was able to make high of 374.6 when i was telling you it is reaching our 1st target. Since expiry is near and rollovers are happening, you may not see any major move. But right now, it is looking quite positive and attractive at this valuations.
Intraday and short term traders can book profits. Long term investors can stay invested. Now the move will be decisive after it moves above 380-390.
Market is in wait and watch and hence either do not trade or trade very small quantities and better don't keep any positions on hold.
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