Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Important day to pick stocks preferably retesting and Oversold 🙏🏻
If This week Low is taken out we will bearish for next few weeks and same if high is taken out by next week ,we ll be ultra bullish🙏🏻
Important Support numbers 17480 and 17225.
Supriya lifesceince
HEG ,If confirmation seen Take it
Vimta Labs if reversal Seen Take
Simple Tip , choose good Fundamental stock + over sold with small Risk(SL) in this volatile scenario so that ur capital ll be protected.
*All Tata Group metal related companies to merge with Tata Steel*

*Following companies will merge with Tata Steel:*

*Listed:*
Tata Metaliks
Tinplate
Tata Steel Long Products
TRF

*Unlisted*
The Indian Steel & Wire Products Limited: Rs. 426/share for 10each
Tata Steel Mining Limited : Nil
S & T Mining Company Limited: Nil
#BigBreaking

Tata steel announces merger with other group listed companies

Merger ratio
Tata steel long product: 67:10 (CMP:Rs.749)
The Tinplate Company of India Limited: 33:10 (CMP: Rs.338)
Tata Metaliks Limited: 79:10 (CMP: Rs.801)
TRF Limited: 17:10 (CMP: Rs.374)
Ground Rule :Accumulate stocks ,if there is no Fundamental changes and just drops due to News.
Below 17225 daily closure , 16790 and 16639 will be the support zones.
Long term investors.

Buy this dip!

•Tata Power
•Tata Motor
•Birlasoft
•LTTS.
Shrada Corp in demand zone. 300 is SL , long term investment view
TataMotor DVR Accumulate till 180 and 169 for Long term.
Accumulate Tata Coffee Accumulation Levels 215 and 185 long term.
This is the highest since April 2019.
Good for Banks
Nifty IT
Time to Accumulate IT stocks , 24450 is strongest support zone for now , accumulate stocks in phases.
Time to Pick Auto stocks as well
Tata Steel, Keep accumulating until 106 is taken out ,now 106 zone will act as major supply zone for few weeks to Few months. Never mind just keep adding Target is minimum double.