Tata Steel (TISCO) is moving up smartly. The chart shows very good bullish sign. The price is very well above the 20 days EMA which is at 818. MACD shows sharp upward move with consistent and positive histogram. Chaikin Money Flow (CMF) shows strong continuous accumulation and which is leading Relative Strength Index (RSI) just a tick above 71 which is bullish indicator. Presently the chart of TISCO is showing a classic bullish chart with all positive indicators.
Price movement also shows great support around 800. Now as it is nearing 900 it is facing resistance and perhaps consolidate a bit, but is more likely that it may cross 900 level on next trading session as bulls has much more force than bears at this level.