April 28, 2015

TATA Steel Chart analysis

  • Weekly MACD of Tata Steel shows a Beautiful bullish cross. For this bullish signal to work price need to stay above the falling resistance line or the channel resistance line.
  • Daily chart too shows potential resistance line in 100 Day SMA. So more strength only on closing above these two levels.
  • Nifty Chart analysis: CLICK Here

No comments:

Post a Comment