If we adjoin that trend line, the support comes in at around today’s low only. But overall, the way it has come down from the higher levels, it looks like that the bears are having more dominance right now and the chances of going down looking higher than from here.
Tata Steel Q1 updates: India production flat YoY at 5.26 million tons on plant shutdowns
Tata Steel India’s crude steel output remained flat at 5.26 million tons in Q1FY26, while deliveries fell 4% YoY due to maintenance shutdowns at Jamshedpur