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(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 2024-01-19 View latest technical analysis

10 day averaged volume of Tata Metaliks is 77785

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	1052.95	1037.00	1057.00	1028.00	2.153 times
18 Thu Jan 2024	1026.55	1035.95	1037.90	1004.35	1.571 times
17 Wed Jan 2024	1031.60	1070.75	1070.75	1029.40	1.786 times
16 Tue Jan 2024	1076.70	1055.05	1088.80	1050.35	1.783 times
15 Mon Jan 2024	1057.70	1065.00	1066.80	1050.60	1.61 times
12 Fri Jan 2024	1061.70	1068.00	1068.00	1056.20	0.743 times
11 Thu Jan 2024	1056.15	1054.45	1062.10	1050.55	0.42 times
10 Wed Jan 2024	1051.85	1047.00	1054.45	1033.85	0.353 times
09 Tue Jan 2024	1043.85	1048.00	1056.00	1025.00	0.359 times
08 Mon Jan 2024	1033.45	1051.25	1058.30	1030.15	0.681 times

Stock of Tata Metaliks (TATAMETALI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1038.8 or till 1019.1. Use a stoploss of 1055.17 and if the stock hits stoploss, then it can shoot up till 1071.54

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
Downside 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	1008.6
Downside Intraday Target	964.25
Upside Intraday Target	1093.05
Upside Intraday Target	1133.15
Downside Intraday Target	1048.7

Weekly technical analysis of Tata Metaliks (TATAMETALI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	1052.95	1065.00	1088.80	1004.35	3.484 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
19 Fri Jan 2024	1052.95	1081.90	1093.60	1004.35	0.684 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 Weak and stock is losing 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Tata Metaliks in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1049.57 and Tata Metaliks (TATAMETALI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.