June 18, 2010

TATA STEEL intraday levels


  • Tata steel made a recovery by breaking out of an inverted head and shoulders
  • The levels mentioned earlier has been working in order.
  • Now at 493 the stock got resisted and it is testing 476 again.
  • An up move from here will form another big inverted head and shoulder possibility.
  • But if it does not hold on to 472-476 it may go back to test its previous lows.
  • CLICK HERE TO SEE THE LEVELS FOR TATASTEEL MENTIONED EARLIER

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