Tata Tea finds short term resistance

Posted on December 17, 2008 by Ramki Ramakrishnan

On 11 Dec 2008, we suggested that it might be worthwhile to get out of Tata Tea near the 574 level. (That trading idea was inspired by using elliot wave analysis).The actual high was 577, and the stock has since declined to 530, and probably has more to go. Take a look.

tata-tea-17-dec-08

About Ramki Ramakrishnan

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!
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