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6 Dec 2009

BSE Market | Stock Market Shares | Tisco | 07-11 Dec

Indian stock market trading

Tata Steel is going to face resistance near the level of Rs 600 and if the same is not scaled than Tisco is likely to be range bound between Rs 520-Rs 600 for a few more days.

On the positive side if the stock is able to move past the level of Rs 600 than it can target the levels of Rs 650 and thereafter faces stiff resistance at the level of Rs 660.

As a stratgey if you are a short term trader than exit this stock if it breaks the level of Rs 514 on the lower side.

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