Friday, April 22, 2011

TATASTEEL -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


TATASTEEL  closes  at 630.05 with a  gain of +0.9% on 21 April 2011 with formation of White Candle on Daily  Price Chart. Technically, TATASTEEL  is   now entering into Bullish Zone. On Daily Charts, Major Momentum Indicators, Spearman & Force Index is moving Upward.PIR Daily  is yet to trade above its Weekly Value along rising RSI , making the next move in upward Direction. A Big Upmove is expected above 638 in TATASTEEL.
We Recommend to BUY –   TATASTEEL  at CMP
Target- 728
Time Frame- 25 Trading Days
Stop-Loss – 620
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