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  • #6778
    bhavani
    Participant
    Rank: Level 7

    The stock forms a sequence of lower top and lower bottom which is bearish according to Dow theory. Short position can be created below 230 with a higher volume,  stop loss of 260 and reward of 200

    TRADE PLAN:

    TATASTEEL – SHORT – ENTRY 230, SL 260, TARGET 200

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