My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 17, 2014
TATA Steel weekend update
TATA Steel gave good up move on the news day but price has come back to the neck line of the bullish pattern.
Daily shows a big bearish engulfing pattern But this pattern needs to be followed up by more selling to confirm further bearishness. If the neck line holds another up move is possible.
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