TATA Steel 27 FEB PredictionTATA STEEL LTDNSE:TATASTEELoptionhuntingNifty Metal Sector Analysis & TATASTEEL Forecast The Nifty Metal sector has been showing strong resilience, retesting its monthly support level three times before breaking out this week. With all metal stocks within Nifty performing well, we now focus on TATASTEEL's key levels and potential price movements. Current Market Structure: The Nifty Metal index has confirmed a breakout after multiple retests at its monthly support. A strong bullish trend is observed across metal stocks, indicating sector-wide strength. TATASTEEL, one of the leading stocks in the metal sector, is approaching a crucial resistance level. TATASTEEL Price Levels & Trading Plan: Strong Resistance: 144.60 TATASTEEL is expected to face a significant rejection at this level. If the price struggles to break above this point, a pullback is likely. Support Zone: Around 135 In case of a rejection at 144.60, the stock may find support near 135. This level will act as a buying opportunity if the price stabilizes. Breakout Confirmation: Above 144.60 If TATASTEEL successfully crosses the 144.60 resistance, it could lead to a rally towards 152 in the near term. A strong volume breakout will be a key confirmation factor for this uptrend. Conclusion: Traders should watch for rejection at 144.60 and potential support at 135. A breakout above 144.60 could trigger a bullish momentum towards 152. Market participants should closely monitor sector performance and global metal prices to validate the strength of the move. Risk Management: Stop-loss for long positions: Below 132 Stop-loss for short positions: Above 147 Always consider overall market sentiment and global cues before executing trades. Disclaimer: This analysis is for educational purposes only and not financial advice. Traders should conduct their own research before making any investment decisions.