BharatJhunjhunwala

The stock has taken support at the critical level, below this

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NSE:TATASTEEL   TATA STEEL LTD
We can see that the stock has taken support at the critical level, below this the stock may fall badly & resume it’s trend down. The RSI is holding on to the 40 levels, we may expect the hammer to work and prices should move ahead from this level. The probable target zones in short term may be around 450 & 500 levels while closing below 285 will be not good.

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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