TATA STEEL LTD
Short
Updated

Tata Steel - Play Short and Be Safe

71
Trend continue pattern found in intraday and daily chart, Multiple break down gaps created. Down ward signal continues to hold a strong and breach is not expected soon. No Buy ..
Trade active
Down trend continues
Trade active
Can expect 2 - 3 % down side movement on daily basis.
Trade active
Has a good support around 360 - 362 range, Go for short if the price opens below 259 and long on other way...
Note
Great recovery but RSI is still below 30

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