TATA STEEL (Is it right to enter?)

[abhinkoi]

thanks abhi

can long position be made on may future on dips


vishal jain

According to me it was a buy at 495.8 on 12th April. If it crosses 518convincingly and trades above it for a couple of days then you can be long. I wud recommend not to enter into any fresh positions right now.

Cheers
Abhi

 

[VISHAL JAIN]

thanks abhi

vishal

 

[raamu1234]

It seems that the time has come. Morgan stanely has bought this gem last friday (13th Apr 2007) . But dont know the exact target... please some body explain..

S.No Date ScripName ClientName TradeType Price Volume Exchange
1 2007-04-13 Tata Steel Limited MORGAN STANLEY DEAN WITTER MAURITIUS CO. LTD BUY 509.85 3025000 NSE

 

[uasish]

Bigkid ,
As promised given you my levels,frankly did not had time to check chart of Tisco throughly.
1) A Bullish Harami after an Engulphing Bear.
2) Huge vol in last few days.

For Swing Trading : The Levels

Res = 518.65 / 525.75

Supp = 484.70 / 462.65

Counter Bullish To-day

Expected Day's Low = 503.65
Expected Day's High = 518.65
Break in any way of these levels take appropiate position (but in retracements only for longs)

Mkt may Humble me once again.
Cheers
Asish

 

[uasish]

Bigkid,
I hope you bought ,i longed in [email protected]

Asish

 

[Big kid]

Hi bada betta,
Tata steel's volume is increasing becuz there are rumours that they are going for a right issue.The news will be confirmed with in one month.so I think u can enter at around 480-490 range.Stop loss at 467.
bye

Hi,

This news is not a rumour,
Plz read this : http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=5285075f-fc04-4e59-be80-ebe55b8862fd&

 

[Big kid]

Bigkid,
I hope you bought ,i longed in [email protected]

Asish

Hi Asish,

I took position @510/- in cash seg.

Rgds,
Big kid

 

[uasish]

Hi,

This news is not a rumour,
Plz read this : http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=5285075f-fc04-4e59-be80-ebe55b8862fd&

So still ones again it is proved Charts Foretell & Events follow

 

[sudoku1]

MED TERM OUTLOOK



11__
___,-"::::::::"=._,_@___
\______________________/ sails abv 318 @ close 2morow