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24 Jan 2010

Indian Banking Sector News and Tips to Make Money in Tata Steel | 25-30 Jan 2010

We have seen Tisco encountering the resistance at the levels of Rs 660 and as a result it has fallen to the recent levels of Rs 614. However one can not rule out the dead cat bounce in the share and if that happens than stock can again target the level of Rs 614-Rs 660 in coming days. Thus one can keep watch on its supports at the levels of Rs 600-Rs 585.

However trend in the share is up and if the stocck is able to sustain itself above the Rs 580, one can be positive on the share. If the level of Rs 581 is not respected than it can fall to the level of Rs 450.

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