Tata Steel Showing Signs of Explosive Upside

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Tata Steel Showing Signs of Explosive UpsideTata Steel LimitedNSE:TATASTEELFiveCirclesThis is the 1-hour timeframe chart of Tata Steel. The stock is showing a strong support zone based on two factors: A short-term channel support Fibonacci retracement support near the 180–185 zone If the stock breaks below this level, the next support lies in the 165–168 range. However, if the support zone sustains, we can expect an upside move towards 220–240. Thank you.