Sensex

Wednesday, July 14, 2010

Re: [sharetrading] tata steel



525 -535 can be the target but its going to be highly volatile sessions.

I think upside is limited to 5500 & in very optimistic scenario 5600 after that hugh downfall is on the cards. this is the last impulsive leg of the  rally. So entering any stock must done with proper risk /reward ratio calculations. 

Tata steel swing stop loss can be 467 & upside target can be 535, do take position accordingly.

this is my understanding & i can be wrong. So please check at your end before takig any positions.



--- On Mon, 7/12/10, sanjoy chatterjee <sanjoychatterjee_king@yahoo.com> wrote:

From: sanjoy chatterjee <sanjoychatterjee_king@yahoo.com>
Subject: [sharetrading] tata steel
To: sharetrading@yahoogroups.com
Date: Monday, July 12, 2010, 5:56 AM

 

is it the right time to enter tata steel?




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