TISCO request. . . !
As requested by my friend Raghu here is the chart of Tata Steel
after breaking the downtrend today it is down with very high volume
on the news of TISCO buying CORUS. As it is going to increase cash
outflow from TISCO books this was expected.
The up trend can only be considered if TISCO takes support at the green
support line as shown in chart. Hence I would wait for few days for
trend to be clear in this counter.