TATA STEEL SHORT

TAKING TRADE IN THE DIRECTION OF MARKET, TATA STEEL LOOKING BEARISH. NOW STANDING ON A TRENDLINE SUPPORT AND ALSO MADE A CUP FORMATION, IF REVERSES COULD MAKE A HANDLE TOO. BUT INDICATORS SHOW BEARISHNESS, RSI AT 41, STOCHASTIC GOING IN HIGH SELLING ZONE AND ALSO EMA CROSSOVER CONFIRMING TO GO SHORT BELOW YESTERDAY'S LOW :)