TATASTEEL Loses Steam
Tata Steel (NSE: TATASTEEL) is about to take the bearish way as per TTC breakout formation. The critical MOB is at around 685. If it breaks decisively below this zone(on 1 hr closing basis), we may see buyers in control of the game.
For Short-Term Targets, traders should eye on 672 Zone. For Swing traders 626 Zone is very critical, below which we can see good amount of selling.
Tata Steel Limited is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80,500 people.
For Short-Term Targets, traders should eye on 672 Zone. For Swing traders 626 Zone is very critical, below which we can see good amount of selling.
Tata Steel Limited is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. Tata Steel has manufacturing operations in 26 countries, including Australia, China, India, the Netherlands, Singapore, Thailand and the United Kingdom, and employs around 80,500 people.
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