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

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