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Tuesday, May 17, 2011

NOTE / ALERT / UPDATE - RELIANCE - TATASTEEL - LT


note / alert :- reliance close below 930 2 days bloodbath start
LT is weak below 1550 and trading below the lower trend line since 6-7 days
close below 1500 heading for 1420-1380 / 1325 / 1240-1250 sl 1580 closing


keep an eye on tatasteel close below 575 and remain below the next day will tgt 530-540 / 485-505 be ready to buy 560 puts can be a big jackpot stoploss closing above 575 cash level

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