Tata Steel (4H): Swing

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Tata Steel (4H): SwingTata Steel LimitedNSE:TATASTEELselvimohanTata Steel (4H): After weeks of respecting a descending trendline, Tata Steel has finally shown signs of breaking out from the falling structure. The recent decline into the trendline break shows reduced selling pressure compared with earlier distribution phases. What bulls still need is a clear expansion in volume on up candles to confirm genuine demand entering the market. Buyers could remain in control above 186. * First target: 196–198 * Second target: 204–206 * Extended target: 210+ Sellers could come into play upon Failure to hold above 184 and a close below 180 would invalidate the bullish setup. **Trading Plan** * Aggressive Entry: Above 186 * Conservative Entry: Retest and hold of 184–186 zone * Stop Loss: 180 * Targets: 196 / 204 / 212 As long as 180 holds, the path of least resistance appears upward. Note: Trade probabilities, not predictions.