Tata Steel has taken hit due to Evergrande situation in China . Now it is at very crucial juncture i.e. 1200 support level , if in case it breaks down it can easily go down to 1050 level but that is yet to be seen... 1200 is very strong support not only in terms of trend line but also from VWAP and even after taking the beating it is positive in terms of relative strength . So in case of any sign of recovery we can take risky trade and get some good returns . Current risk to reward is also favorable and i would look for 1: 3 or 1:5 risk to reward.