This analysis is done by using Price action, Chart pattern and Fibonacci levels. Tata Steel looks bearish for the next 2 weeks based on the below analysis 1. There is a trendline breakdown 2. The resistance level is tested multiple times. There should be a breakdown possibly from this level. 3. A cup &handle handle pattern is formed which is also a sign for downtrend
Below targets are determined based on Finonacci levels and Support & Resistance levels Target 1 - 1054 Target 2 - 1008 Target 3 - 952