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27 Sep 2009

Day Trading Tips in India | Tisco | 29 Sep-03 Oct

Tata Steel has an uptrend in making and one need to watch the level of Rs 493 which if broken on higher side means that stock can rally to the levels of Rs 545-560-577-660. However if the level of Rs 493 is not maintained than stock can fall to the level of Rs 464.

Thus as a strategy exit all longs if the level of Rs 459 is broken on the lower side to ensure minimum downward risk.

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