December 21, 2012

TATA Steel chart update

 
  • Daily chart of Tata Steel shows a bullish "W" pattern. Price sustaining above 426 will keep the bullish momentum intact. Next resistance is at 455.
  • Price has violated 50 Week SMA. Bulls need a weekly close above this level for extending the up move. Price is also moving into the weekly cloud. For the weekly trend to turn price need to sustain above the cloud.
  • RELIANCE POWER TRIANGLE PATTERN
  • GOLD AT 100 WEEK SMA
  • NIFTY 50 STOCKS - LIVE 5 MINUTES CHART WITH AUTOREFRESH
-->


No comments:

Post a Comment