TATA STEEL Daily NSE Stock Chart Technical Analysis:
Tata Steel is climbing towards its resistance line and is very near to it.
Market Outlook:
- Resistance of the price is at 666.
- If the price closes above resistance there could be an opportunity to go long
- But it seems unlikely that price will be able to break resistance.
Technical Indicators:
- There is a long term line of resistance at 666.
- The stock is overbought.
- The surge of interest on Friday might be indicative of exhaustion of interest and the price might fall back.
- Don't get into this stock right now, wait to close comfortably above 666.
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TATA STEEL Daily NSE Stock Chart Technical Analysis
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