Stock is all set to give a big move after a lot of consolidation on the lower levels, stock can give a breakout once it breaches the CMP. A long position can be taken in the stock with the mentioned stop-loss for the respective targets.
TATASTEEL is currently moving in a range, indicated by the trend lines. It is taking good support on the lower trend line.
The stock can be traded within the range(Buy at the bottom and sell at the top, short at the top, exit at the bottom).
It could give a potential breakout on the upper-side, with the first target around 562 and second more aggressive target...