- Tata Steel daily chart shows range breakdown.
- Price managed to close below 200 Day SMA.
- Price also closed below 38.2% fibonacci level.
- Next support is the 50% Fib level and the recent swing low of 415. Breaking below this may target the Golden ratio.
- For bulls one thing in their favor is that the breakdown is not showing big volumes So if price manage to come back above 200 SMA bulls may save themselves from a big fall.
- TATA STEEL INTRADAY LIVE CHART
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