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merushi22
Nov 16, 2016 8:04 AM

Tata Steel : Should I look for a long.? Long

TATA STEEL LTDNSE

Description

Stock is in clear up trend and trading in channel. After testing its resistance area 440-448 price came down to the lower level of channel, Where stock has Fib price support cluster between 389-393. Also stock is trading near its 50DMA. One can look for a long if stock shows some positive divergence with trigger.
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