Tata Steel

Tata Steel seems to have completed a 5 wave upmove at 392, made a double top and has started falling.
Seems to be in wave c2 down. Likely targets around 360.

PROFIT BOOKING

Crompton doing well.Took profit in F&O. Holding deliveries.
Booked profit in Bhel.
Tata Steel is looking up now.

Bhel

Bhel crossed its 10d EMA yesterday. And today also after a dip, it is again showing strength. SL at todays low.

Maruti Suzuki -

It seems one more down move will complete the correction here.