MTECHTIPS:- TATASTEEL:- TATASTEEL is in HOLD LONG position Share has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 657.8 with stop at 632.2 The TATASTEEL is now trading in highly overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 657.8 with a stop at 648.6 Below 646.5 go for sell and put stop at 655.6 The intraday signal is BUY and it is supported by 73 % indicators.