TATASTEEL - Tata Steel LTD (2 hours chart, NSE) - Long Position

TATASTEEL - Tata Steel LTD (2 hours chart, NSE) - Long Position; short-term research idea.
Risk assessment: High {volume & support structure integrity risk}
Risk/Reward ratio ~ 3.25
Current Market Price (CMP) ~ 154
Entry limit ~ 153
1. Target limit ~ 158 (+3.27%; +5 points)
2. Target limit ~ 161 (+5.23%; +8 points)
3. Target limit ~ 166 (+8.50%; +13 points)
Stop order limit ~ 149 (-2.61%; -4 point)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
[square brackets] = important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
Risk assessment: High {volume & support structure integrity risk}
Risk/Reward ratio ~ 3.25
Current Market Price (CMP) ~ 154
Entry limit ~ 153
1. Target limit ~ 158 (+3.27%; +5 points)
2. Target limit ~ 161 (+5.23%; +8 points)
3. Target limit ~ 166 (+8.50%; +13 points)
Stop order limit ~ 149 (-2.61%; -4 point)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observation notes
[square brackets] = important updates
(parentheses) = information details
~ tilde/approximation = variable value
-hyphen = fixed value
Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.