TATA STEEL (Is it right to enter?)

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  #1  
Old 12th April 2007, 01:05 PM
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Big kid is on a distinguished road
Question TATA STEEL (Is it right to enter?)



Hi friends,

Is it right to enter Tata Steel?
As you can see its volume is increasing as well as its price

What are the experts view on this?

Thanks in advance.

Rgds,
Big Kid.

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  #2  
Old 12th April 2007, 01:14 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by Big kid View Post
Hi friends,

Is it right to enter Tata Steel?
As you can see its volume is increasing as well as its price

What are the experts view on this?

Thanks in advance.

Rgds,
Big Kid.
Hi
my suggestion is ...wait till market settles down and selects the trend.

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  #3  
Old 12th April 2007, 01:50 PM
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Default Re: TATA STEEL (Is it right to enter?)

In what time frame you want to enter ?

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  #4  
Old 12th April 2007, 01:52 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by tulika View Post
Hi
my suggestion is ...wait till market settles down and selects the trend.
I guess since the prices have come down, it is a good buy now. Since they are about to come out with their Quarterly results which shd be positive for a later sell.

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  #5  
Old 12th April 2007, 01:53 PM
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Default Re: TATA STEEL (Is it right to enter?)

I came out at slightly upper level from my break even today. For medium term [ 3-6 months time frame ] which levels [ high and low ] you expect it to touch ? I will re-enter at lower levels again.

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  #6  
Old 12th April 2007, 02:04 PM
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Default Re: TATA STEEL (Is it right to enter?)

Quote:
Originally Posted by uasish View Post
In what time frame you want to enter ?
SHORT-TERM..

wHAT are technical or fundamental views on this cmp.?

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  #7  
Old 12th April 2007, 02:06 PM
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uasish will become famous soon enough
Default Re: TATA STEEL (Is it right to enter?)

Hi,
Tisco,in longer time frame say 5 yrs is a jewel,to hold,i buy few shares on Muharat Trading day Tisco is one of them,in short time frame say 1 week 480.00 was its earlier resistance until breached is ok , this downfall is natural correction after a spectakular rise,though from yesterday i am in Short mode in this counter ,to-day i have shorted in Fut at 507.65 at 1.00 pm with 510.05SL & covered here at 503.35,while typing this post.I dont want to hold any position ,albeit for you also,until Infy behind me.Will be able to share my Entry price if any & tgt after getting Friday's closing,for a time frame of 3 - 4 week.

Asish

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  #8  
Old 12th April 2007, 02:28 PM
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Default Re: TATA STEEL (Is it right to enter?)

Tata steel and Sail are good to HOLD.

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  #9  
Old 12th April 2007, 02:39 PM
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Default Re: TATA STEEL (Is it right to enter?)

Buy on dips & Hold untill its FY 07 results are declare..

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  #10  
Old 12th April 2007, 05:31 PM
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Default Re: TATA STEEL (Is it right to enter?)

I m an end user of steel.Steel prices are at all time high.Dont sell ur steel stocks as yet.

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