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29 Nov 2009

Stock Market Custom Query | Day Trading Tips | 30-04 Nov

Tata Steel has strong support at Rs 520-Rs 507 and thus as a strategy one can be long in this stock till the time the stock trades above the level of Rs 520. Thus if the stock consolidates near this level than it an rally to the levels of Rs 572-Rs 661.

Deep stop lss for the share is Rs 489 and any fall below this level will take the stock to the level of Rs 430.

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