Tuesday, March 5, 2013

TATASTEEL


Tata Steel Limited:
There is a good bear fall observed during the last two months. Now it seems to be a turning point for the stock to climb like a bull - here my expectations of the stock is its retracement up to 390. Good opportunity now for us to go long two lots of Mar future derivative of the stock at 340 and wait for price 380. (i.e: 40x2(1000)= Rs. 80,000). [Sl: 320]

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