TATA STEEL

A great buying opportunity. Current market price: 127 TECHNICAL VIEW Bollinger band: stock is trading out of the lower band, which indicates buying. Bollinger band consists of a 20 Moving average with proper upper and lower bands Bottoms and top made outside the band, followed by top and bottom band inside the band, suggest a reversal of the band RSI: RSI is at 25, which indicates buying In RSI, 0 to 30 is an oversold zone And 70 to 100 is an overbought zone The stock has taken support from the 125 level A recovery may be expected from here Important support 125