Sunday, December 5, 2010

Tata Steel.... A confusion.

        Tata Still has formed a Descending Triangle which is very bearish in Technicals. It has also made a strong base around 585 odd levels on weekly and monthly basis. Even RSI and MACD also showing divergence. So not going with pattern one can still enter Tata Still with a strict stop of 585.

Be Invested.
Cheers
Chirag CM

Saturday, December 4, 2010

Swaraj Mazda... A technical breakout.

Swaraj Mazda May give a break out above 408  and sustaining above that gives calculated target around 453.. Have a look at the chart.
Keep Investing.
Cheers  Chirag CM