Nifty and Tata Steel Levels for May 17
Tata Steel
Tata Steel is at a crucial juncture @574,Level which has given support to Tata Steel 4 times on daily chart as can be seen in below chart.
Stock is trading below its 5 EMA Low@583 which should be watched closely if Tata Steel again bounce back from 574 levels.
Indicators are showing oversold charts but Indicators can remain overbought and oversold for extended period of time.
Sell below 574 TGt 571,565.8 and 555.2
Buy above 583 TGt 588 and 594
Nifty
Nifty Hourly charts is at a crucial juncture.In May series for past few trading …
Read the full story »
Tata Steel is at a crucial juncture @574,Level which has given support to Tata Steel 4 times on daily chart as can be seen in below chart.
Stock is trading below its 5 EMA Low@583 which should be watched closely if Tata Steel again bounce back from 574 levels.
Indicators are showing oversold charts but Indicators can remain overbought and oversold for extended period of time.
Sell below 574 TGt 571,565.8 and 555.2
Buy above 583 TGt 588 and 594
Nifty
Nifty Hourly charts is at a crucial juncture.In May series for past few trading …
Read the full story »
posted by Bramesh at
8:35 AM
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