TRADING TATASTEEL WITH MOVING AVERAGE

Chart contain 5,10,20 days simple moving average lines.See when 20 DMA cross over 5,10 in 2008 stock came under selling pressure and continued still march 2009.Stock price near come near to 20 DMA in those days,that shows how strong down trend was.In 2009 uptrend stock closed once below 20 DMA.That trend broken in 2010 may stock made lower top and also there is a crossover of 20DMA across 5,10.A positional trader can make SHORT potions when ever stock came near to 20DMA.