nalinakshi

very minute observation on the daily chart- tatasteel

NSE:TATASTEEL   TATA STEEL LTD
61 1 3
Pleas see the arrow mark on the candle stick I have pointed and carefully observe below on the RSi below , it made lowof around 33.06, then proceed to the next bar you cansee a doji candle stick making a low of 442.05, i remember that day, it was on the opening bell itself it made this low and didnot touch the day,s low anytime in the day, now move your eye down to see the rsi making higher low,34.02. when you see the candle stick bar on thursday on expiry made low of 444 . you can see the rsi of 34.02 and you can see the divergence of rsi if you observe carefully. I strongly feel price may see reversal to the upside. So sellers beyond this level wait . you should take call only around 474, and see the price action over there .
true, good one I feel :)
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