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TataSteel (Stock Future NSE) 20-12-2012

tatasteel-result

Tata Steel Limited (Stock Future NSE) is trading in top of resistance area.  This stock already started to fall from 426 to 418. Daily Chart of Tata Steel is trading 418 around which have great Support 414 for firing again upside.

Short term trader can interest to go long with this stock between 411-416 and targets will be 424 and above 428…then watch 431-439.

tatasteel-result

Tata Steel is trading in flag as seen in chart. As per this flag, here is great Resistance of it, which is 422-428. You can see this stock for targets 411. Suppose to break 400…then free to targets 389-381

tatasteel-apprentice-2012

This is only Simple View of Tata Steel, We need Fresh Confirmation of it.

I will update for you. Just wait and Watch

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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