📌 TATASTEEL | 15 min Idea – 7 June 2025
Bias: Neutral to Bearish
CMP: 157.59
Market Structure
• Price is hovering just below a resistance zone near 158.5–159.5.
• Mild downward pressure with lower highs forming.
Levels
│ R1 158.50 │ R2 159.50
│ S1 156.50 │ S2 154.80
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 158.60.
Targets 159.80 / 161.00 | SL 157.20.
🔴 Breakdown Short → Entry on 15‑min close < 156.30.
Targets 155.00 / 153.50 | SL 157.90.
Notes
• Volume faded near resistance – signs of exhaustion.
• Sideways consolidation suggests wait for breakout trigger.
Set alerts at 158.60 and 156.30; manage risk ≤ 1% per trade.
#PriceAction #TATASTEEL #15min #GLOBALTRADESECURITIES
Bias: Neutral to Bearish
CMP: 157.59
Market Structure
• Price is hovering just below a resistance zone near 158.5–159.5.
• Mild downward pressure with lower highs forming.
Levels
│ R1 158.50 │ R2 159.50
│ S1 156.50 │ S2 154.80
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 158.60.
Targets 159.80 / 161.00 | SL 157.20.
🔴 Breakdown Short → Entry on 15‑min close < 156.30.
Targets 155.00 / 153.50 | SL 157.90.
Notes
• Volume faded near resistance – signs of exhaustion.
• Sideways consolidation suggests wait for breakout trigger.
Set alerts at 158.60 and 156.30; manage risk ≤ 1% per trade.
#PriceAction #TATASTEEL #15min #GLOBALTRADESECURITIES
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.