February 2008


Hello all ,

Tata Steel has consolidated into a nice triangle is expected to give a breakout today on the back of positive cues from Asian Markets . If the stock crosses 819 levels at opening then one may open longs in the stock with the following targets

Entry Levels Signaling Breakout ->> 819-825

Target Prices ->> 850-860

Stoplosses on Opening Longs ->> 815

Holding Period -> 2 -3 trading sessions.

Dont buy before breakout :)

Avinash MB

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