OPEN INTEREST ADDITION SEEN IN METAL STOCKS ON SHORT SIDE

SWING TRADING IDEAS FOR SHORT TERM TRADERS:

TataSteel is forming third wave ¬†formation when its break below 492 n today’s session.

Sell TataSteel at bounce around 490-492 with strict stop loss at 500 for the targets of 480 and if breaks below 480 then 470 looks possible on the charts.

Sell Hindalco Industries at around 192-193 with strict stop loss at above 196 for the targets of 188 and if breaks below then 183 also quite possible on the charts.