Below is the technical chart of Tata Steel Ltd. with ichimoku Kinko Hyo indicator.

 

 

 

 

 

 



 

 

After giving bearish breakout @564 on 29-Jul-2011, it started moving downward. tried to cross kumo on Oct end, but failed.

Now, if you chart carefully, the price is moving downward, but kijun-sen line is flat. That means, it will attract the price in short term. So, immediate target for Tata steel is 429.60. 

Tata Steel Limited Technical Chart | 30-Nov-2011
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https://www.investmentkit.com/articles/wp-content/uploads/2011/11/tata-steel.jpghttps://www.investmentkit.com/articles/wp-content/uploads/2011/11/tata-steel-150x150.jpgAdminStock MarketIchimoku Kinko Hyo,steel ltd,Target,tata steelBelow is the technical chart of Tata Steel Ltd. with ichimoku Kinko Hyo indicator.        After giving bearish breakout @564 on 29-Jul-2011, it started moving downward. tried to cross kumo on Oct end, but failed.Now, if you chart carefully, the price is moving downward, but kijun-sen line is flat. That means, it...Tutorials to Educate Investors