November 20, 2013

TATA Steel chart analysis


  • Tata steel weekly chart shows price approaching crucial resistance line and 78.6% Fib level. One has to wait for a weak candle in weekly chart before entering shorts here as the bullish momentum is still intact.
  • Hour chart shows crucial levels for weakness. Trading below 376 and 50 Hour SMA will hint of weakness. 


No comments:

Post a Comment