Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(TATAMETALI) Tata Metaliks complete technical analysis [charts+indicators] | Buy/Sell Tata Metaliks | (TATAMETALI) share price targets

Complete technical analysis of Tata Metaliks (TATAMETALI) by charts plus indicators, forecast predictions and share price targets for Tata Metaliks (TATAMETALI)

Tata Metaliks trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-01-18 View latest technical analysis

10 day averaged volume of Tata Metaliks is 71493

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	1026.55	1035.95	1037.90	1004.35	1.709 times
17 Wed Jan 2024	1031.60	1070.75	1070.75	1029.40	1.943 times
16 Tue Jan 2024	1076.70	1055.05	1088.80	1050.35	1.94 times
15 Mon Jan 2024	1057.70	1065.00	1066.80	1050.60	1.752 times
12 Fri Jan 2024	1061.70	1068.00	1068.00	1056.20	0.808 times
11 Thu Jan 2024	1056.15	1054.45	1062.10	1050.55	0.457 times
10 Wed Jan 2024	1051.85	1047.00	1054.45	1033.85	0.384 times
09 Tue Jan 2024	1043.85	1048.00	1056.00	1025.00	0.391 times
08 Mon Jan 2024	1033.45	1051.25	1058.30	1030.15	0.741 times
05 Fri Jan 2024	1046.00	1054.60	1066.90	1038.00	0.756 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1034.7, but if it comes above 1034.7, then a intra day buy could be more profitable.
If you take a sell trade below 1034.7, then use 1034.7 as stoploss and 1012.4 as target. However if you take a buy trade in stock , then use 1034.7 as stoploss and 1053.27 as target.

Share price targets for Tata Metaliks (TATAMETALI)

Target Type	Value
Downside Target	868.20
Downside Target	895.90
Downside Target	922.95
Downside Target	987.05
Upside Target	1045.00
Upside Target	1065.00
Upside Target	1068.00
Upside Target	1088.80
Upside Target	1090.80
Upside Target	1093.60

Intraday share price targets for Tata Metaliks (TATAMETALI)

Target Type	Value
Downside Intraday Target	991
Downside Intraday Target	955.45
Upside Intraday Target	1075.45
Upside Intraday Target	1124.35
Upside Intraday Target	1039.9

Weekly technical analysis of Tata Metaliks (TATAMETALI)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	1026.55	1065.00	1088.80	1004.35	2.642 times
12 Fri Jan 2024	1061.70	1051.25	1068.00	1025.00	0.459 times
05 Fri Jan 2024	1046.00	1081.90	1093.60	1038.00	0.87 times
29 Fri Dec 2023	1074.10	1058.00	1090.80	1045.00	1.3 times
22 Fri Dec 2023	1037.25	1053.70	1065.00	988.05	0.932 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tata Metaliks (TATAMETALI)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	1026.55	1081.90	1093.60	1004.35	0.597 times
29 Fri Dec 2023	1074.10	989.90	1090.80	987.05	1.592 times
30 Thu Nov 2023	989.90	898.90	994.00	868.20	0.698 times
31 Tue Oct 2023	898.90	961.00	1006.65	895.90	0.697 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tata Metaliks (TATAMETALI)

Price action analysis of Tata Metaliks ( (TATAMETALI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tata Metaliks ( (TATAMETALI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Metaliks ( (TATAMETALI) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tata Metaliks ( (TATAMETALI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tata Metaliks stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tata Metaliks in short term but the sell signal is initial and weak.

Tata Metaliks Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tata Metaliks in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tata Metaliks is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1048.6 and Tata Metaliks (TATAMETALI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tata Metaliks (TATAMETALI) stock. Volume based technical analysis of Tata Metaliks (TATAMETALI) stock is negative.

Tata Metaliks Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.