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Moneycontrol.com >> Message Board >> View Messages >> Tata Steel
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shorts build up (12)   12-May-08 14:39Tracked by (0)  
Posted by:   marketbear on ( 12-May-08 14:39 )
Price : BSE: Rs 829.35 ( -1.72 % ), NSE: Rs. 831.05 ( -1.56 % )
Lot of shorts have been built up in Tata Steel because of which stock failed to recover despite markets recovered the entire loss from lower levels. On the back of negatives Tisco is likely to correct sharply from these levels. Strength should be used to exit. Stock can become bullish only if sustains above 860 levels otherwise stock will seek lower levels towards 790/740 levels. If stock fails to sustain above 860 level then go short on this counter.
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  • 08, 17:30
  • Last Price
  •     Change
  • Volume 
  • BSE
  • Rs.651.20
  •  8.40    1.31%
  • 1141603 
  • NSE
  • Rs.652.45
  •  7.90    1.23%
  • 2048524 
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