TATA STEEL (Forecast for 19/5/21 [NSE])

TATA STEEL Analysis through Complex Technical Analysis:

  • TATA STEEL is in a Dangerous Zone.

  • Once TATA STEEL Breaks the Channel it's next stop will be at either 1042.00 or 1014.00 or even below.

  • Current Situation, TATA STEEL is running out of Momentum. ADX is Dropping from a height of 45.

  • Expected RED Candle Tomorrow.(May 19, 2021)

  • Shorting would be a Great Idea TATASTEEL

  • GANN Fans shows that a Down Trend will start soon.

  • My own Developed Indicator tells me to Sell Positions.

  • So there will be a Potential Bearish Trend.

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