April 15, 2015

TATA Steel Trend update


  • Signs of a real recovery and not a Dead cat bounce can be seen if price starts to stay above 50 Day SMA. 
  • For a trend change in daily chart needs price to break and stay above the cloud.
  • Weekly MACD Looks promising for Bulls, This set up needs price confirmation.
  • RELIANCE INDUSTRIES Trend update
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