📊 Techno-Funda Idea: Tata Steel (CMP ₹163) 🎯 Target: ₹200+ ⏳ Time Horizon: 6–8 weeks 🔍 Fundamental View: Tata Steel is poised to benefit from the recovery in global steel prices, improved margins, and robust volume growth. Recent quarterly commentary indicates a strong outlook, bolstered by domestic infrastructure initiatives and a resurgence in European demand. 📈 Technical Setup: • Established support zone around ₹155–158 • Breakout above key resistance at ₹162 with significant volume • Next resistance levels observed at ₹198–205 • RSI trending upwards with a bullish MACD crossover on the daily chart 💡 Risk–Reward Profile: • Stop-loss: ₹153 • Potential Upside: ₹200+ (approximately 25%) 🚀 The technical structure is strengthening, and momentum is building. This setup warrants close attention. 📈 Chart Snapshot: Source: TradingView — Prakash Sharma #sharmafinserve #tradewithprakash #tatasteel #stockmarketindia #technofunda #swingtrade #wealthbuilding