TATA STEEL : Sell on Rise

TATA STEEL :

* Looks like instrument has completed
its 7 swing sequence from the low of 244.

* Buying is not recommended even
if there is chances for the range of 450-470.

* Can expect a minimum 3 wave reaction
lower at least upto the range of 320-340.

* Sustaining below 440 we may see 400(channel)

* Breaking above 440 we may see 450-470.