TATA Steel Bearish lookout for next week
Depending upon the next 2 trading days and closing price.
With the breach of Support 1323 today, the stock has started to loose steam. Other indication is that Fibonacci levels were broken today 0.382 (1325) and also 0.236 (1290). These two indicator on Daily Timeframe showcase that next few trading days there is a case of Tata Steel Bearish outlook.
Note: This is for educational purpose. Any suggestion and comments are welcome.
With the breach of Support 1323 today, the stock has started to loose steam. Other indication is that Fibonacci levels were broken today 0.382 (1325) and also 0.236 (1290). These two indicator on Daily Timeframe showcase that next few trading days there is a case of Tata Steel Bearish outlook.
Note: This is for educational purpose. Any suggestion and comments are welcome.
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