TATA STEEL
484 THE POSSIBLE LEVELS
Earlier i told the Tata Steel will trade in the range bound. So now this stock looks for the potential level of 484. The short term support is at 505 which is 100dma. It resisted at the BB so the BB sugest the level of testing at 484 is valid one. CCI is just below the extreme bullish level. I feel this stock will trade in the range bound rather then weeker one. The short term resistence is at 545.
484 THE POSSIBLE LEVELS
Earlier i told the Tata Steel will trade in the range bound. So now this stock looks for the potential level of 484. The short term support is at 505 which is 100dma. It resisted at the BB so the BB sugest the level of testing at 484 is valid one. CCI is just below the extreme bullish level. I feel this stock will trade in the range bound rather then weeker one. The short term resistence is at 545.
posted by Naveen Pantera at 8:46 PM
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