This is my attempt to analyze the price of TATA STEEL using Technical analysis.
You can go for a long because: 1. A good TD trend line breakout. 2. Sideways rectangle breakout. 3. A good volume breakout. 4. A good retracement after the breakout. 5. Above the 50 days MA.
Disclaimer: This is my first attempt at technical analysis so I would not suggest you take this too seriously, but feel free to point out my mistakes.