Wednesday, May 7, 2008

Tata Steel - Technicals

TISCO (Rs.824.95/-): One should keep this stock under their radar as positive breakout from current levels are most likely. Volumes have all-ready started picking up in last one week. Any close above Rs.838/- must be used to take fresh exposure in this stock. In short term we may see this stock moving towards Rs.938/- on higher side with strict stop loss at Rs.790/-.

Previous Chart: Sterlite Tech still not triggered above Rs.245/-.

No comments: