2. Another reason for the uptrend in Tata Steel is due to firming up of the steel prices on London metal exchange.
3. Tisco is having resistance between Rs 184 and Rs 190 and thus this stock has to move above the level 190 to move to the level of Rs 219 or Rs 250 and same can happen over the medium term. over the medium-term. Such a move would be construed as the third leg of the sideways correction that is on since December 2008. Tisco has support at Rs 155 and Rs 148. In case stock moves below Rs 148 than it can fall to the level of Rs 136 or Rs 109.