TATA STEEL Will Move Till 435 From Here ??? CMP@245 !!!

As per Monthly chart we have seen that after 2008 each & every fall TATA STEEL re test its 61.8% of Retracement from his pick level.

In 2008 TATA STEEL fall from 957(Jan 2008) to 157(Nov 2008) & again rise till 700(April 2010) which is 61.8% retracement level.

In 2011 TATA STEEL again fall from 740(April 2010) to 202(July 2013) & again rise till 580(June 2014) Which is its 61.8% of retracement level.

Now again TATA STEEL Fall From 580( July 2014) to 199(Sep 2015) & This time retracement level is 435. Notes:  contents of this message should be construed   as buy/sell/hold advise . Investment in equity shares has its own risks.  all discussions  may be taken  as educational & for information purpose.