October 11, 2010

TATA STEEL analysis

WEEKLY CHART
DAILY CHART
WEEKLY CHART
  • Tata Steel Weekly chart is showing Bearish engulfing candlestick pattern.
  • MACD indicator for daily chart has given a sell signal. Price has confirmed a sell on rise scenario for this stock.
  • Weekly line chart is showing support between the region of 607 - 619. If the stock gets here we can expect a bounce from here. But If it breaks stock will slip below 600.
  • INTRADAY LIVE CHART FOR TATA STEEL

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