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Showing posts from March, 2020

NIFTY 50 Reports

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Nifty 50                                                                                                                                                                                                                                                   Nifty is Now trading near about  8745.45 which is bounced back from the levels  7832 The Indian market falls 37 percent in the past two months and in that mostly 30 percent fall in only 13-14 trading days of the last two weeks. its fastest bear market in the history of the Indian market more than 20% market fall in seven days of the span. Nifty falls from its high from 12430 to 7832. Now the next important support for the nifty is 7900 if this support is hit heavy then it opens the door for the level 6860.to 6300.                                               The situation of the market is now right is to sell on every raise with the resistance of 9200 if it sustains above the 9200 levels then we can say that the selling pressure i

TATA STEEL stock Report

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  Tata Steel                        Technical : As you see in these charts tata steel taking support near its 1-month charts tradeline. RSI also near the support line. Tata steel falls to that support line and gets two times support at the trendline as shown in the daily charts. That is a good time to start investing through a sip in this stock for long terms. Now it is near about 297 near the support zone add some share in your portfolio and if it sustains above 325 on closing basis then it gave confirmation on a buy signal. The non-Riskey investor buys above that confirmation level. And the target for the short term is 440-450.and the stop loss for this target is 245-248 n closing basis. And of course, no Sl for long term investors buy in every dip for good stocks. (This is my personal view which I am following This is not advice or Recommendation So don't put your hard-earned money in anyone's hand. Do your own research before investing.)