TATA STEEL (Is it right to enter?)

Discuss TATA STEEL (Is it right to enter?) at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by VISHAL JAIN thanks abhi can long position be made on may future ...


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  #21  
Old 14th April 2007, 10:52 PM
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Thumbs up Re: TATA STEEL (Is it right to enter?)



Quote:
Originally Posted by VISHAL JAIN View Post
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
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  #22  
Old 14th April 2007, 10:56 PM
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Default Re: TATA STEEL (Is it right to enter?)

thanks abhi

vishal
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  #23  
Old 15th April 2007, 10:39 PM
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Default Re: TATA STEEL (Is it right to enter?)

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
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  #24  
Old 16th April 2007, 09:16 AM
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Default Re: TATA STEEL (Is it right to enter?)

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
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  #25  
Old 16th April 2007, 03:35 PM
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Default Re: TATA STEEL (Is it right to enter?)

Bigkid,
I hope you bought ,i longed in Fut.@531.10

Asish
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  #26  
Old 16th April 2007, 04:18 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by vsangeeth View Post
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/StoryP...-ebe55b8862fd&
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  #27  
Old 16th April 2007, 04:20 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by uasish View Post
Bigkid,
I hope you bought ,i longed in Fut.@531.10

Asish
Hi Asish,

I took position @510/- in cash seg.

Rgds,
Big kid
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  #28  
Old 16th April 2007, 05:10 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by Big kid View Post
Hi,

This news is not a rumour,
Plz read this : http://www.hindustantimes.com/StoryP...-ebe55b8862fd&

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