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Tata communication

Discussion in 'Technical Analysis' started by verenmitter2001, Feb 26, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    How this stock for shorting below 220 as this a major support for this stock???

    Regards
    Veren
     
    verenmitter2001, Feb 26, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Perfect levels.
     
    shabbir, Feb 26, 2013
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  3. praveenbkec

    praveenbkec Member

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    the above sentence meaning is, sell @220 buy when stock goes below 220 am i right shabbir?
     
    praveenbkec, Feb 26, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes but then there are few hidden elements in that statement as well. In Indian market shorting works in futures only and so you are not able to short any quantity but in lots of any shares. A lot is specific number of shares of Tata communications.
     
    shabbir, Feb 27, 2013
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  5. praveenbkec

    praveenbkec Member

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    ok thanks shabbir...
     
    praveenbkec, Feb 27, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Feb 27, 2013
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