Web Exclusive: How to trade Tata Group stocks

Check out the trading strategies for Tata Group stocks with Ravi Nathani, technical analyst, Nsetoday.com

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Puneet Wadhwa Mumbai
Last Updated : Jan 20 2013 | 6:57 AM IST

Check out the trading strategies for Tata Group stocks with Ravi Nathani, technical analyst, Nsetoday.com



Smartinvestor : The Nifty is trading marginally above the 5,900 mark. Do you think it can sustain here post the F&O expiry later in the day today?

Ravi Nathani : Intraday Chart of Nifty Index is bearish whereas fresh selling trigger would appear below 5905 whereas target expected would be 5885 - 5870, best trading strategy would be short with a stoploss of 5932 as per spot levels. Short term Index is trading in a range of 120 points 5940 - 5820 close above/below would add trigger in the direction.

Smartinvestor : What are the key support and resistance levels for the Bank Nifty? Do you like anything in the BANKING pack for a long / short position?

Ravi Nathani : BANK NIFTY Resistance:12572 & Support expected around 12197. Indusind Bank sell below 417 with a target expected around 405 - 403

Smartinvestor : What about the Tata Group stocks like Tata Steel, Tata Motors, Tata Power and TCS?



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First Published: Dec 27 2012 | 10:34 AM IST

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