TATA Steel Near Resistance zone

 

• Tata Steel is likely to position itself near the resistance zone as we get close to the news event. Stocks like these are giving no clear clues. 
• Weekly chart looks bullish But the Daily chart shows a clear range, If any bad news comes price can fall back to 332 levels with ease. The margin levels for trading these instruments are also likely to increase so its time to be cautious.
• NIFTY MIDCAP 50 INDEX AND THOUGHTS ON THE ELECTION RESULTS TRADE

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