Tata Steel is in the downtrend and can thus fall to the levels of Rs 498 and if its 200-day moving average is broken than it can fall to the levels of Rs 470. Thus if stock can not rise beyond the level of Rs 540, than it can fall to
Reliance Industries now faces strong resistance at the level of Rs 1,030 which is its 200 DMA (day moving average) and as a strategy one can be short once it is seen that the stock has failed to cross this level.Thus if the down
Tata Steel is in down trend as stock has moved below crucial level of Rs 614 and if it remains so in the coming days than one can see stock touching the levels of Rs 536-Rs 524. In case stock is able to sustain above the level of Rs
ONGC has a strong support near level of Rs 1,100 and same is also 200 DMA. It needs to bounce above the level of Rs 1,151 to show some uptrend, else stock is in down trend and one can short the stock provided it breaks 1099 with
Reliance Industries has a solid support at the levels of Rs 1,020 and till the time it can sustain above this level we can say that there is scope of hope. Thus if the bounce back occurs it can take the stock to the levels of Rs