TATA Steel Channel and Death cross

• First chart is the channel of Tata Steel. Price is getting resisted near the top of the channel. Bears of Tata steel need price to fall below 50 Day SMA for a bigger down move towards the bottom of the channel.
• Daily chart is also showing a Bearish Death cross this will also be effective only on price breaking 50 Day SMA Level.
• Bulls need a breakout above the channel and 200 Day SMA For a bigger up move.