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TATA Steel share price chart and intraday tips - Stock will test strong trend line resistance around 268.50 - updated for 24th December 2015, Thursday


TATA STEEL

Stock is on bull move and further price rise can be seen in coming days.

On upper side stock will find resistance around 268.50 once it closes and holds above 268.50 then further bulls action can be seen in coming days.

But if it fails to hold above then can see some correction in TATA Steel.

Suggested reading - Wockhardt ltd holding below its strong trend line support zone, weakness can be seen.

Intraday TATA Steel looks good if it holds above 268.50.
Will find resistance around 271.50, 273.50.
S.L - 266.50.

Visit link below to see forex charts.
http://www.niftychart.co.in/forex-charts.html.

On 23rd December 2015, at 4:38 pm stock closed at 265 up by 7.60 (+2.95%).
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.