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Tata steel

Discussion in 'Technical Analysis' started by sujan4bw, Aug 31, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi Shabbir,

    There is break down of support on down side in Tata Steel. Now it is trading at 365 and target on down side can be 335.

    Pls correct me If I'm wrong.

    Regards
    sujan
     

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    sujan4bw, Aug 31, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Sujan, it is called break down and not break out and I have corrected the same in your post to avoid confusion.

    Yes the stock is really weak and if it cracks 330, it would be gold mine.
     
    shabbir, Aug 31, 2012
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  3. sujan4bw

    sujan4bw Member

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    Thx Shabbir, just took position.
     
    sujan4bw, Aug 31, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Aug 31, 2012
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  5. sujan4bw

    sujan4bw Member

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    squarred off 1 lot at 352 which earlier bought it at 365
     
    sujan4bw, Sep 5, 2012
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