1. Tata steel moved contrary to expectations last week and one can say that it will come in uptrend if the stock is able to close above 852 levels. As a strategy one can undertake the investment in the stock only once this level is broken with volumes.
2. In case the stock moves above 852 level than one can say that the stock can achieve the targets of 910-950 levels.
3. In shorter time frame one can sa y that the trend of stock is positive till the time it trades above 749 levels. As a matter of caution one has to be careful as the stock can move in a broad range once the key supports and resistances are broken.
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11 May 2008
Best Indian steel stock:Tata Steel update week ending 16 May
Best Indian steel stock:Tata Steel update week ending 16 May
2008-05-11T13:15:00+05:30
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