Tata Steel: Updated Version

Hello friends a month back I have spotted the reversal and told you that I am “neutral” on buying Tata Steel. There wear many reasons to be neutral. But I have told you that “Tata Steel is in a downtrend, and follow the channel”. Tata Steel doesn’t reach your support and resistance. Thus caused a bit nervous and confused but, I was right saying Tata Steel in downtrend.

Today I am once again back saying I have once again spotted a reversal. This time it’s not “Profit Factor” it’s “EGO Factor”.

This time I am playing Tata Steel with targets of 370/375/380+. SL 340

Note: When you are uncertain in buying any stock “Never Buy”. It not only creates confusion, it leads you in a state of “Panic”, which cause you to make low profit, sometimes loss. I have avoided Tata Steel as was not confident in buying.

Must see: If u want to b a Trader/Investor in Stock Market?

Hi friends this is documentary that I had seen around 6 months ago. and this is one such video which created a curiosity to know more and more. If you want to enter into such market you need Right Talent, Intelligence and  Knowledge. It is recommended that before entering any market you should need to know the insight view of it. And this video do say that.


This video is quit lengthy and some of my friends had felt boring to see this, so i recommend to see this with a curiosity. I hope this video will obviously through some light.

Reliance Industries Ltd: catching a falling knife

There is no reason to be bullish.. Yes I am confident in saying that. From last few days we have seen ril.bo in downtrend. Know we have not seen any sign of a “reversal”. It is better to stay away from this stock.

If reliance manage to break that downtrend channel. We may think to hook it. As per know “avoid it”

Tata Motors: Waiting for breakout

90% I am bullish, 10% I am not.

We have seen a bullish crossover in MACD, where we have seen 2 main possibilities for buying. I can blindly buy, but I am waiting for “c”. If we see a positive breakout then it is a potential buy. I have not willing to take a risk as it is my 1^st time playing with “Symmetric Triangle”

We have seen a potential crossover

MACD: we have seen a positive crossover

MACD: zero line/centre line crossovers

Tata Motors: looking good

A symmetrical triangle.

I hope I have got it right this time.

Yes, I have clarified. It's a Symmetrical Triangle.

Geometric Ltd: Yes, I am right……

Hi friends once again my analysis was right. As soon as I saw the divergence I tapped my shoulders, told myself “Good  Job!!!”… Soon a day or so MACD showed a negative crossover, conforming what I had told.

Today I am back with supports levels. Even MACD and Parabolic SAR are strong. I hope my supports levels will work.

Rel Com Ltd: Did you see that?

I was in a confusion, calling it a Symmetric Triangle or Descending Triangle. After a short conversation a Technical Analyst told me that it's a Descending Triangle.