On monthly chart , Tatasteel has reached close multi-year Long term trendline connecting lows of October, 2008 and July 2013.
Trendline call off falls near 239.52 which coincides then fibonacci secondary number .886 retain i.e 239.67.
These levels are received to assistance as delightful maintenance for the stock.
Any break below these levels could initiate further weakness in the stock.