Technical Views on OBC and Tata Steel
Tata Steel
As seen from Tata Steel daily chart 575 is the laxman rekha for bulls.Bulls are able to define this level for 3 times as seen from below chart.
On the upper side we are having resistance at 5 Day High EMA@606.1.
Hourly Chart
As seen from hourly charts Keep a SL of 607.1 and go short in tata steel with a Tgt of 575
Slow Stochastic has also triggred a SELL
Sell with SL 607.1 Tgt 594.8 590.1 583 and 575
Oriental Bank of Commerce
Trendline Resistance@370
Buy break of 370 Tgt 374.4 and 379
As seen from Tata Steel daily chart 575 is the laxman rekha for bulls.Bulls are able to define this level for 3 times as seen from below chart.
On the upper side we are having resistance at 5 Day High EMA@606.1.
Hourly Chart
As seen from hourly charts Keep a SL of 607.1 and go short in tata steel with a Tgt of 575
Slow Stochastic has also triggred a SELL
Sell with SL 607.1 Tgt 594.8 590.1 583 and 575
Oriental Bank of Commerce
Buy break of 370 Tgt 374.4 and 379
posted by Bramesh at
12:06 AM
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