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Aditya_U

TATASTEEL Trend reversal within a downward channel.

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TATA STEEL LTD (NSE:TATASTEEL)  
Aditya_U  
NSE:TATASTEEL   TATA STEEL LTD
Trend Analysis Chart Patterns Technical Indicators trend
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trendanalysis chartpattern indicator trend
TataSteel might be a good candidate for short position on Swing basis.
It has been moving within a channel for a while, and as you can see it has been following a uptrend in the channel and after reaching the top of the channel it broke the trend line TODAY.
I think you can expect a 8-9 % target form the current market price.
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