Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 29, 2013
TATA STEEL Chart analysis
Tata Steel nearing range top in daily chart.
Price also near 23.6% Fib level near 329 levels and Testing 5 Week High EMA at the current levels.
Price need to to a convincing close above 330 levels for a bigger up move to follow. Any weakness in daily chart could lead to a sell towards range bottom.
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