TATACONSUM Swing Short Setup | Sell Near Resistance with 1:2 Ri

This is a swing short setup on TATACONSUM based on price reacting near a resistance zone after a pullback.

Trade Idea

Instrument: TATACONSUM

Bias: Bearish / Short setup

Entry Zone: Around 1106–1108

Stop Loss: 1140.55

Target: 1040.40

Risk : Reward: Approximately 1:2


Setup Logic

Price is trading near a short-term resistance area and showing signs of weakness after an upside move.
The trade is planned with a defined stop above resistance and a target placed near the previous support zone, giving a favorable risk-reward structure.

What I’m Watching

Rejection near the 1107–1110 zone

Failure to sustain above recent swing highs

Momentum shifting in favor of sellers

Possible move toward the 1040 support area if weakness continues


Trade Plan

If price remains below the resistance zone and confirms rejection, this short setup may play out toward the downside target.
Invalidation happens if price closes strongly above the stop-loss zone.

Disclaimer

This is only a personal trade idea for educational purposes, not financial advice. Always manage your risk and do your own analysis before taking any trade.


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