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Div_Trader

Tata Steel - Halt the rally and Correction time !!!

Short
TATA STEEL LTD (NSE:TATASTEEL)  
Div_Trader Updated   
NSE:TATASTEEL   TATA STEEL LTD
Trend Analysis Chart Patterns Technical Indicators Bearish Patterns Divergence tatasteel_short
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trendanalysis chartpattern indicator bearish divergence tatasteel_short
Steel Stocks have Run a lot and now its time to halt the rally.

Big Bearish RSI Divergence on daily chart will do it for us.

One should look to take profit at these levels.

My targets are 585-590.

Invalidation is daily close above 730.
Trade closed manually:
Low of 595... Power of bear div and some help from overall market... Stock was in strong uptrend when posted this chart.
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