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TATA STEEL Share Tips Today - Close Watch stock moving up from strong support. (Updated On 01st July 2014, Tuesday).

  • TATA STEEL is moving in range bound zone in a hourly chart, and also trading above its 200 hours moving average. Close Watch can see sharp move intraday once TATA STEEL breaks its range bound zone , and trading above 200 hours moving average will favor bulls.
  • Daily charts indicates that stock is moving up from its strong fibonacci fan line support , if hold above then stock can move up further.
  • (Short term trend) - Weekly chart indicates stock is at strong support of 23.6% fibonacci retracement support , stock to favor short term traders as long as it trades above its support line as shown above,

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