Bose told CNBC-TV18, "I am still negative on Tata Steel. I have a feeling that it might test Rs 591 to about Rs 584. There is a possibility that it might go down to such levels."
He further added, "Even in auto stocks there could be some pressure today. IT stocks also should be very closely watched because their upswing, I think is already over."
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.
