Daily Chart
Tata Steel has made this bearish diamond pattern and broken down from it, giving a depressing target of the stock's value going into the negative. While this is not possible, one may take the cue from this technical pattern which indicates extreme bearishness.
Selling one's holding in Tata Steel to reenter at lower rates would be wise.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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