update to tatasteel pain . i had posted fsearlier
tatasteel went to the level of 502 and above touched thrice and failed to go past. i t has the area of support around 455, but may retrace upto 465 and then pull back. price is clinging to 61 day moving average support, stoch seems oversold, it can be still oversold. major area is 455. still the chart is not negative, can lok for buying around these areas, till that time it is sell
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now the price is 469.45, and even vedanta is showing decline
Kommentar:
aln=most reached 456
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next immediate support is at 444
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today it touched the low of 442, it is which happens to be 3 months low. and closed at 452. it may bounce upto 469 tomorrow