Few Trading Ideas

Tata SteelThe long-term charts are suggesting weakness as it struggled tobreakout and close above its multiple resistance levels as shown inthe chart above.The daily RSI is moving in line with the prices. A fall below Rs210levels will see the stock entering a fresh intermediate downtrend fortarget of Rs190 levels.The Rs245 levels appear to be a … Read more

SATYAM – ONE BIG LIE!

The shocking news for the day was Ramalinga Raju of Satyam Computers finally tendering in his resignation. But more shocking than his resignation were the revelations he made about the balance sheet. If we thought that the Maytas imbroglio was one big scam, then the revelations made in the balance sheet shocked everyone into a … Read more